SEC Form 4 · accession 0001209191-17-037321
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L Gerard
Director
Period of report
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 4:43 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 StockF1 | May 31, 2017 | A | 316 | $0.00 | A | 35,581 | 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) | $51.26 | holding | — | — | — | Oct 8, 2015 | Apr 8, 2018 | Class A Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1These shares were issued in accordance with the Issuer's outside directors' compensation program based on $51.31 per share which was the last reported sale price of the Issuer's Class A common stock on May 31, 2017, the last trading day of the Issuer's fiscal quarter. The shares are not transferable until May 31, 2020, subject to specified exceptions.