Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

LENNAR CORP /NEW/ Proxy Solicitation & Information Statement 2018

Feb 28, 2018

30122_rns_2018-02-28_c29ded01-cdf0-4deb-85b3-3581878e1088.zip

Proxy Solicitation & Information Statement

Open in viewer

Opens in your device viewer

DEFA14A 1 d505709ddefa14a.htm DEFA14A DEFA14A

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No. )

Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐

Check the appropriate box:

Preliminary Proxy Statement
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
Definitive Proxy Statement
Definitive Additional Materials
Soliciting Material under §240.14a-12

Lennar Corporation

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

No fee required.
Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
(1) Title of each class of securities to which transaction applies
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
(4) Proposed maximum aggregate value of transaction:
(5) Total fee paid:
Fee paid previously with preliminary materials.
Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the
previous filing by registration statement number, or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:
*** Exercise Your Right to Vote ***
Important Notice Regarding the Availability of Proxy Materials for the Stockholder Meeting to Be Held on April 11, 2018.
LENNAR CORPORATION Meeting Information
Meeting
Type: Annual Meeting For holders as of: February 14, 2018 Date: April 11,
2018 Time: 11:00 AM EDT Location: 700 Northwest 107 th Avenue Miami, Florida 33172 Meeting Directions: For directions to the Annual Meeting please call Lennar’s Investor Relations department at (305) 485-2038.
LENNAR CORPORATION ATTN: LEGAL DEPARTMENT 700 N.W. 107TH AVENUE MIAMI, FL 33172 You are receiving this communication because you hold
shares in the company named above. This is not a ballot. You cannot use this notice
to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. You may view the proxy materials online at www.proxyvote.com or easily request a paper copy
(see reverse side). We encourage you to access and review all of the important
information contained in the proxy materials before voting.
See the reverse side of this notice to obtain proxy materials and voting instructions.

E36542-P02679

| — Before You Vote — |
| --- |
| How to Access the Proxy Materials |
| Proxy Materials Available to VIEW or RECEIVE: 1. Notice and Proxy Statement 2. Annual Report How to View Online: Have the information that is printed in the box marked by the arrow (located on the following page) and visit: www.proxyvote.com. How to Request and Receive a PAPER or E-MAIL Copy: If you
want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge for requesting a copy. Please choose one of the following methods to make your request: 1) BY INTERNET : www.proxyvote.com 2) BY TELEPHONE : 1-800-579-1639 3) BY E-MAIL* : [email protected] * If requesting materials by e-mail, please send a blank e-mail with the information
that is printed in the box marked by the arrow (located on the following page) in the subject line. Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investment advisor. Please make the request as instructed
above on or before March 28, 2018 to facilitate timely delivery. |
| — How
To Vote — |
| Please Choose One of the Following Voting Methods |
| Vote In Person: Many stockholder meetings have attendance requirements including, but not limited to, the possession of an attendance ticket issued by
the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance. At the meeting, you will need to request a ballot to vote these shares. Vote By Internet: To vote now by Internet, go to www.proxyvote.com. Have
the information that is printed in the box marked by the arrow (located on the following page) available and follow the instructions. Vote By Mail: You can vote by mail by requesting a paper copy of the materials, which will include a proxy card. |

E36543-P02679

Voting Items

The Board of Directors recommends you vote FOR the following: — 1. Election of Directors
Elect eleven directors to serve a one-year term expiring at the 2016 Annual Meeting of Stockholders.
01)  Irving Bolotin 07)  Stuart Miller
02)  Steven L. Gerard 08)  Armando Olivera
03)  Theron I. “Tig” Gilliam 09)  Donna Shalala
04)  Sherrill W. Hudson 10)  Scott Stowell
05)  Sidney Lapidus 11)  Jeffrey Sonnenfeld
06)  Teri P. McClure
The Board of Directors recommends you vote FOR proposals 2 and 3:
2. Ratification of the appointment of Deloitte & Touche LLP as Lennar’s independent registered public accounting firm for the fiscal year ending November 30, 2018.
3. Approval, on an advisory basis, of the compensation of Lennar’s named executive officers.
The Board of Directors recommends you vote AGAINST proposals 4, 5 and 6:
4. Approval of a stockholder proposal regarding our common stock voting structure.
5. Approval of a stockholder proposal regarding providing holders an annual right to convert a limited amount of Class B common stock into Class A common stock.
6. Approval of a stockholder proposal regarding a limit on director tenure.
NOTE: Transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof.

E36544-P02679

E36545-P02679