SEC Form 4 · accession 0001209191-17-002161
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan M Jaffe
Officer — Vice President/COO
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 4:50 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 StockF1,F2 | Dec 28, 2016 | G | 50,738 | $0.00 | D | 407,623 | I | By Trust |
| Class A Common StockF3,F4,F2 | Jan 3, 2017 | S | 20,000 | $43.05 | D | 387,623 | I | By Trust |
| Class A Common Stock | holding | — | — | — | 99,000 | D | ||
| Class A Common Stock | holding | — | — | — | 2,591 | I | By ESOP Trust | |
| Class B Common StockF2 | holding | — | — | — | 37,560 | I | By Trust | |
| Class B Common Stock | holding | — | — | — | 265 | I | By ESOP Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person transferred these shares as a gift to The Jaffe Family Foundation, a charitable foundation. The reporting person has no pecuniary interest in any of the shares held by the foundation.
- F2These shares are held in a family trust.
- F3The sale occurred pursuant to a Rule 10b5-1 plan adopted by the reporting person.
- F4The price reflects the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $42.71 to $43.40 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.