Jonathan M. Jaffe - 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 Jonathan M. Jaffe
Stock symbol
LENB
Transactions as of
Jan 12, 2022
Transactions value $
-$1,931,694
Form type
4
Date filed
1/14/2022, 03:49 PM
Previous filing
Jan 7, 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 +11.81% $0.00 462K Jan 12, 2022 Direct F1
transaction LENB Class A Common Stock Tax liability -$1.93M -17.9K -3.87% $107.94 445K Jan 12, 2022 Direct F2
holding LENB Class A Common Stock 2.67K Jan 12, 2022 By ESOP Trust
holding LENB Class B Common Stock 23.2K Jan 12, 2022 Direct
holding LENB Class B Common Stock 334 Jan 12, 2022 By ESOP Trust
* 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.