LENNAR CORP /NEW/ — Director's Dealing 2019

Jul 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2019-07-02

Reporting Person: McCall Jeffrey Joseph (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-02	Class A Common Stock	F	2102	$48.55	Disposed	177512	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	3898	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$50.34	2020-04-01	Class A common stock (39224)	39224	Direct
Stock Appreciation Right	$46.51	2020-10-01	Class A common stock (12931)	12931	Direct

Footnotes

F1: Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 26, 2018.

F2: Appreciation is capped at $22.60 per stock appreciation right.

F3: For each share of Class A common stock received by the Reporting Person by exercising the stock appreciation right, the Reporting Person will also receive .02 shares of Class B common stock.