Sidney Lapidus - Sep 28, 2021 Form 4 Insider Report for LENNAR CORP /NEW/ (LENB)

Role
Director
Signature
/s/ Mark Sustana as attorney-in-fact for Sidney Lapidus
Stock symbol
LENB
Transactions as of
Sep 28, 2021
Transactions value $
$0
Form type
4
Date filed
9/30/2021, 04:47 PM
Next filing
Apr 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LENB Class A Common Stock Gift $0 +14K +16.01% $0.00 101K Jul 7, 2021 Direct F1
transaction LENB Class A Common Stock Other $3.49M +36K +35.48% $96.99 137K Sep 28, 2021 Direct F2, F3
transaction LENB Class A Common Stock Gift $0 -14K -28% $0.00 36K Jul 7, 2021 By GRAT F1
transaction LENB Class A Common Stock Other -$3.49M -36K -100% $96.99 0 Sep 28, 2021 By GRAT F2, F3
holding LENB Class B Common Stock 43.3K Sep 28, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 7, 2021, 14,000 shares were transferred pursuant to an annuity payment from the Sidney Lapidus 2020 GRAT to the reporting person. The reporting person is the trustee and sole beneficiary of the GRAT, therefore the transaction did not result in a change in beneficial ownership.
F2 Represents shares which were withdrawn through a substitution of assets in the Sidney Lapidus 2020 GRAT and became directly owned by the reporting person.
F3 Represents the average of the high and the low price of the Company's Class A common stock on September 28, 2021.