SEC Form 4 · accession 0001209191-19-001996
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
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 4:34 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 | Dec 28, 2018 | G | 87,562 | $0.00 | D | 207,317 | D | |
| Class A Common StockF2,F3,F4 | Jan 2, 2019 | S | 20,000 | $40.03 | D | 187,317 | I | By Trust |
| Class A Common Stock | holding | — | — | — | 171,014 | D | ||
| Class A Common Stock | holding | — | — | — | 2,607 | I | By ESOP Trust | |
| Class B Common Stock | holding | — | — | — | 990 | D | ||
| Class B Common StockF4 | holding | — | — | — | 45,807 | 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
- F1The reporting person transferred these shares as a gift to The Jaffe Family Foundation, a charitable foundation. The reporting person has no pecuniary interest in any of the shares held by the foundation.
- F2The sale occurred pursuant to a Rule 10b5-1 plan adopted by the reporting person.
- F3The price reflects the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $40.00 to $40.09 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.
- F4These shares are held in a family trust.