SEC Form 4 · accession 0001209191-15-033415
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sidney Lapidus
Director
Period of report
Apr 8, 2015
Accepted (ET)
Apr 9, 2015 · 4:48 pm EDT
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 StockF1 | Apr 8, 2015 | A | 2,000 | $0.00 | A | 15,268 | D | |
| Class A Common Stock | holding | — | — | — | 103,391 | I | By GRAT | |
| Class B Common Stock | holding | — | — | — | 39,996 | 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) | $51.26 | Apr 8, 2015 | A | 2,500 | A | Oct 8, 2015 | Apr 8, 2018 | 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
- F1Shares issued in accordance with the Issuer's outside directors' compensation program. Shares are fully vested and fifty percent (50%) of the shares are subject to a two-year minimum holding period from the date of issuance.