LENNAR CORP /NEW/ — Director's Dealing 2021

Mar 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LENNAR CORP /NEW/ (LEN, LEN.B)
CIK: 0000920760
Period of Report: 2021-03-01

Reporting Person: BECKWITT RICHARD (Director, Co-CEO & Co-President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-01	Class A Common Stock	F	14653	$82.60	Disposed	1737284	Direct
2021-03-01	Class A Common Stock	F	24869	$82.60	Disposed	1712415	Direct
2021-03-01	Class A Common Stock	F	26881	$82.60	Disposed	1685534	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	11382	Indirect
Class A Common Stock	6000	Indirect
Class B Common Stock	21501	Direct
Class B Common Stock	227	Indirect
Class B Common Stock	120	Indirect

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 March 1, 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 February 28, 2020. On March 1, 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 March 1, 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.

F4: The shares are held in trusts for the benefit of the reporting person's children.

F5: The shares are held in a trust for the benefit of the reporting person's spouse.