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LENNAR CORP /NEW/ — Director's Dealing 2024
Jan 10, 2024
30122_dirs_2024-01-10_d7e42a33-87c0-4406-813c-01f7f9fe39cc.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: 2024-01-08
Reporting Person: BESSETTE DIANE J (VP/CFO/Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-08 | Class A Common Stock | A | 10884 | $0.00 | Acquired | 271440 | Direct |
| 2024-01-08 | Class A Common Stock | A | 10884 | $0.00 | Acquired | 282324 | Direct |
| 2024-01-08 | Class A Common Stock | F | 3326 | $149.31 | Disposed | 278998 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 3475 | Indirect |
| Class A Common Stock | 3475 | Indirect |
| Class B Common Stock | 3511 | Indirect |
| Class B Common Stock | 3511 | Indirect |
Footnotes
F1: The shares of Class A common stock granted are subject to performance-based vesting conditions over a three-year performance period. The grant is subject to forfeiture in accordance with its terms.
F2: The shares of Class A common stock granted vest in three equal amounts on each of February 14, 2025, February 14, 2026, and February 14, 2027. The grants are subject to forfeiture in accordance with their terms.
F3: Surrendered shares to the Company pursuant to a 10b5-1 plan to satisfy a withholding obligation due to a grant of restricted stock on January 8, 2024.
F4: Shares are held of record by the reporting person's spouse as custodian for a minor child under the Uniform Transfer to Minors Act (FL). The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F5: Shares are held of record by the reporting person as custodian for a minor child under the Uniform Transfer to Minors Act (FL). The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.