SEC Form 4 · accession 0001209191-16-125177

· LEN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

May 31, 2016

Accepted (ET)

Jun 2, 2016 · 4:38 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^F1,F2	May 12, 2016	G	63,274	$0.00	D	7,448	D
Class A Common Stock^F3	May 26, 2016	G	7,530	$0.00	A	14,978	D
Class A Common Stock^F4	May 31, 2016	A	356	$0.00	A	15,334	D
Class A Common Stock^F3,F2	Apr 25, 2016	G	7,530	$0.00	D	8,225	I	By GRAT
Class A Common Stock^F1	May 12, 2016	G	63,274	$0.00	A	63,274	I	By LP
Class B Common Stock^F1	May 12, 2016	G	11,954	$0.00	D	3,334	D
Class B Common Stock^F1	May 12, 2016	G	11,954	$0.00	A	11,954	I	By LP

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
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

F1These shares were transferred from the reporting person's directly owned account to Bolotin Family Investments, LP. The reporting person has investment authority with respect to, and is the beneficial owner of, the shares held in Bolotin Family Investments, LP.
F2On April 25, 2016, 2,000 shares, which were previously owned by one of the GRATs, were contributed to the reporting person's directly owned account. 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.
F3On April 25, 2016, these shares were gifted from one of the GRATs to the Bolotin Family Trust, of which a third party is trustee and the reporting person's daughters are beneficiaries, for estate planning purposes. On May 26, 2016, these shares were gifted from the Bolotin Family Trust to the reporting person's directly owned account.
F4These shares were issued in accordance with the Issuer's outside directors' compensation program based on $45.57 per share which was the last reported sale price of the Issuer's Class A common stock on May 31, 2016, the last trading day of the Issuer's fiscal quarter. The shares are not transferable until May 31, 2019, subject to specified exceptions.