SEC Form 4 · accession 0001209191-17-011078
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L Gerard
Director
Period of report
Feb 14, 2017
Accepted (ET)
Feb 15, 2017 · 4:28 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 Stock | Feb 14, 2017 | M | 2,500 | $39.62 | A | 35,122 | D | |
| Class A Common StockF1 | Feb 14, 2017 | S | 2,190 | $46.07 | D | 32,932 | D | |
| Class B Common Stock | holding | — | — | — | 850 | 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 | Feb 14, 2017 | M | 2,500 | D | Oct 9, 2014 | Apr 9, 2017 | Class A Common Stock | 2,500 | 0 | 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 $46.06 to $46.08 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.