SEC Form 4 · accession 0001209191-18-010901
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Beckwitt
Officer — President
Period of report
Feb 14, 2018
Accepted (ET)
Feb 16, 2018 · 4:51 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 | Feb 14, 2018 | A | 138,156 | $0.00 | A | 1,281,955 | D | |
| Class A Common StockF2 | holding | — | — | — | 11,382 | I | By Trust | |
| Class A Common StockF3 | holding | — | — | — | 6,000 | I | By Trust | |
| Class B Common Stock | holding | — | — | — | 22,875 | D | ||
| Class B Common StockF2 | holding | — | — | — | 227 | I | By Trust | |
| Class B Common StockF3 | holding | — | — | — | 120 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F169,078 of the shares of Class A common stock granted are subject to performance-based vesting conditions over a three-year performance period, and the other 69,078 of the shares of Class A common stock granted vest in three equal amounts on each of February 14, 2019, February 14, 2020 and February 14, 2021. The grants are subject to forfeiture in accordance with their terms.
- F2The shares are held in trusts for the benefit of the reporting person's children.
- F3The shares are held in a trust for the benefit of the reporting person's spouse.