SEC Form 4 · accession 0001209191-16-112291
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Irving Bolotin
Director
Period of report
Mar 31, 2016
Accepted (ET)
Apr 4, 2016 · 4:31 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 Stock | Mar 31, 2016 | M | 2,500 | $39.51 | A | 68,821 | D | |
| Class A Common StockF1 | Mar 31, 2016 | S | 2,099 | $47.84 | D | 66,722 | D | |
| Class A Common Stock | 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) | $39.51 | Mar 31, 2016 | M | 2,500 | D | Oct 10, 2013 | Apr 10, 2016 | Class A Common Stock | 2,500 | 0 | D |
| Stock Option (Right to Buy) | $39.62 | holding | — | — | — | Oct 9, 2014 | Apr 9, 2017 | Class A Common Stock | 2,500 | 2,500 | D |
| Stock Option (Right to Buy) | $51.26 | holding | — | — | — | Oct 8, 2015 | Apr 8, 2018 | Class A Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1The price reflects the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $47.84 to $47.85 per share. The reporting person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.