SEC Form 5 · accession 0001209191-17-003671
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sidney Lapidus
Director
Period of report
Nov 30, 2016
Accepted (ET)
Jan 13, 2017 · 4:30 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 | Nov 15, 2016 | G | 23,966 | $0.00 | A | 63,159 | D | |
| Class A Common StockF1 | Nov 15, 2016 | G | 23,966 | $0.00 | D | 60,000 | 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) | $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
- F1On November 15, 2016, 23,966 shares were transferred pursuant to an annuity payment from the Sidney Lapidus 2014 GRAT to the reporting person. The reporting person is the trustee and sole beneficiary of the GRAT, therefore the transaction did not result in a change in beneficial ownership.