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LENNAR CORP /NEW/ — Director's Dealing 2021
Jul 19, 2021
30122_dirs_2021-07-19_75d94a82-10a2-42d5-92b6-2d407f796c28.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2021-07-18
Reporting Person: SUSTANA MARK (VP/General Counsel/Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-18 | Class A Common Stock | F | 3237 | $95.96 | Disposed | 70036 | Direct |
| 2021-07-18 | Class A Common Stock | F | 5224 | $95.96 | Disposed | 64812 | Direct |
| 2021-07-18 | Class A Common Stock | F | 5645 | $95.96 | Disposed | 59167 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common Stock | 3514 | Direct |
Footnotes
F1: The reporting person surrendered shares to pay tax liability on restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 25, 2019. On July 18, 2021, the reporting person became eligible for "retirement", as defined in the Lennar Corporation 2016 Equity Incentive Plan, and, as a result, the restricted stock was deemed taxable under applicable tax rules. The reporting person has no intention to retire.
F2: The reporting person surrendered shares to pay tax liability on restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 25, 2020. On July 18, 2021, the reporting person became eligible for "retirement", as defined in the Lennar Corporation 2016 Equity Incentive Plan, and, as a result, the restricted stock was deemed taxable under applicable tax rules. The reporting person has no intention to retire.
F3: The reporting person surrendered shares to pay tax liability on restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on February 26, 2021. On July 18, 2021, the reporting person became eligible for "retirement", as defined in the Lennar Corporation 2016 Equity Incentive Plan, and, as a result, the restricted stock was deemed taxable under applicable tax rules. The reporting person has no intention to retire.