LENNAR CORP /NEW/ — Director's Dealing 2019

Jun 27, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2019-06-25

Reporting Person: MILLER STUART A (Director, Executive Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-25	Class A Common Stock	A	251596	$0.00	Acquired	1464797	Direct
2019-06-25	Class A Common Stock	F	49502	$48.22	Disposed	1415295	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	121323	Direct
Class A Common Stock	36850	Indirect
Class A Common Stock	18973	Indirect
Class B Common Stock	2363	Indirect
Class B Common Stock	21632892	Indirect

Footnotes

F1: 125,798 of the shares of Class A common stock granted are subject to performance-based vesting conditions over a three-year performance period, and the other 125,798 of the shares of Class A common stock granted vest in three equal amounts on each of February 14, 2020, February 14, 2021 and February 14, 2022. The grants are subject to forfeiture in accordance with their terms.

F2: Surrendered shares to the Company pursuant to a 10b5-1 plan to satisfy a withholding obligation due to a grant of restricted stock.

F3: Mr. Miller has sole voting and investment power with respect to these shares, even though he has only limited pecuniary interest in these shares. Mr. Miller disclaims beneficial ownership of these shares except to the extent of such pecuniary interest.