SEC Form 4 · accession 0001209191-15-004209
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Irving Bolotin
Director
Period of report
Dec 1, 2014
Accepted (ET)
Jan 14, 2015 · 5:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920760
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Dec 1, 2014 | G | 1,250 | $0.00 | D | 62,048 | D | |
| Class A Common StockF1 | holding | — | — | — | 17,755 | I | By GRAT | |
| Class B Common Stock | holding | — | — | — | 15,288 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $25.75 | holding | — | — | — | Oct 11, 2012 | Apr 11, 2015 | Class A Common Stock | 2,500 | 2,500 | D |
| Stock Option (Right to Buy) | $39.51 | holding | — | — | — | Oct 10, 2013 | Apr 10, 2016 | Class A Common Stock | 2,500 | 2,500 | D |
| Stock Option (Right to Buy) | $39.62 | holding | — | — | — | Oct 9, 2014 | Apr 9, 2017 | Class A Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1The shares, which were previously owned directly, were contributed to two GRATs. The reporting person is the trustee and sole lifetime beneficiary of both of the GRATs, therefore the transaction did not result in a change in beneficial ownership.