Richard Beckwitt - Jan 12, 2022 Form 4 Insider Report for LENNAR CORP /NEW/ (LENB)

Role
Co-CEO & Co-President, Director
Signature
/s/ Mark Sustana as attorney-in-fact for Richard Beckwitt
Stock symbol
LENB
Transactions as of
Jan 12, 2022
Transactions value $
-$1,930,291
Form type
4
Date filed
1/14/2022, 03:48 PM
Previous filing
Jan 10, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LENB Class A Common Stock Award $0 +48.8K +3.08% $0.00 1.64M Jan 12, 2022 Direct F1
transaction LENB Class A Common Stock Tax liability -$1.93M -17.9K -1.09% $107.94 1.62M Jan 12, 2022 Direct F2
holding LENB Class A Common Stock 6K Jan 12, 2022 By Trust F3
holding LENB Class B Common Stock 21.5K Jan 12, 2022 Direct
holding LENB Class B Common Stock 120 Jan 12, 2022 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were granted under the 2016 Equity Incentive Plan in lieu of a portion of the cash incentive bonus earned under the 2021 cash bonus plan. The shares are fully vested but subject to a one-year holding period from the date of issuance.
F2 Surrendered shares to the Company pursuant to a 10b5-1 plan to satisfy a withholding obligation due to a grant of stock on January 12, 2022.
F3 The shares are held in a trust for the benefit of the reporting person's spouse.