SEC Form 4 · accession 0001209191-16-129579
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce E Gross
Officer — Vice President/CFO
Period of report
Jun 22, 2016
Accepted (ET)
Jun 24, 2016 · 5:28 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 | Dec 4, 2014 | G | 325 | $0.00 | D | 555,852 | D | |
| Class A Common Stock | Dec 10, 2015 | G | 300 | $0.00 | D | 555,552 | D | |
| Class A Common StockF1,F2 | Jun 22, 2016 | A | 40,000 | $0.00 | A | 370,552 | D | |
| Class A Common StockF2 | holding | — | — | — | 225,000 | I | By Trust | |
| Class A Common Stock | holding | — | — | — | 1,737 | I | By Child | |
| Class B Common Stock | holding | — | — | — | 50,582 | D | ||
| Class B Common Stock | holding | — | — | — | 10,000 | I | By Child |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11/3 of the restricted shares granted vest on each of July 2, 2017, July 2, 2018 and July 2, 2019, subject to forfeiture in accordance with the terms of the grant.
- F2For estate planning purposes, the reporting person transferred 225,000 shares that were directly held to a limited liability company of which the reporting person and his spouse are the sole beneficiaries. The reporting person and his spouse each transferred their respective interests in the limited liability company to family trusts in which they have pecuniary interests.