SEC Form 4 · accession 0001209191-18-041701
LENNAR CORP /NEW/ · LEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan M Jaffe
Officer — President/COO · Director
Period of report
Jul 2, 2018
Accepted (ET)
Jul 5, 2018 · 4:49 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 | Jul 2, 2018 | F | 8,181 | $52.17 | D | 212,333 | D | |
| Class A Common StockF2 | Jul 2, 2018 | F | 8,181 | $52.17 | D | 204,152 | D | |
| Class A Common StockF3 | Jul 2, 2018 | F | 8,181 | $52.17 | D | 195,971 | D | |
| Class A Common StockF4,F5,F6 | Jul 2, 2018 | S | 20,000 | $52.12 | D | 289,922 | I | By Trust |
| Class B Common StockF7 | Jul 2, 2018 | F | 164 | $42.54 | D | 1,816 | D | |
| Class B Common StockF7 | Jul 2, 2018 | F | 164 | $42.54 | D | 1,652 | D | |
| Class B Common StockF7 | Jul 2, 2018 | F | 164 | $42.54 | D | 1,488 | D | |
| Class A Common Stock | holding | — | — | — | 2,603 | I | By ESOP Trust | |
| Class B Common StockF6 | holding | — | — | — | 45,309 | I | By Trust | |
| Class B Common Stock | holding | — | — | — | 324 | I | By ESOP Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 23, 2015.
- F2Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 22, 2016.
- F3Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 27, 2017.
- F4The sale occurred pursuant to a Rule 10b5-1 plan adopted by the reporting person.
- F5The price reflects the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $51.89 to $52.50 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.
- F6These shares are held in a family trust.
- F7Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The reporting person received the shares of Class B common stock as a result of a dividend of Class B common stock to holders of Class A common stock and Class B common stock as of the record date, November 10, 2017, and these shares were subject to the restrictions of the underlying Class A common stock on which they were issued.