Mark Sustana - 28 Feb 2022 Form 4 Insider Report for LENNAR CORP /NEW/ (LEN)

Signature
/s/ Mark Sustana
Issuer symbol
LEN
Transactions as of
28 Feb 2022
Net transactions value
-$531,460
Form type
4
Filing time
02 Mar 2022, 15:54:47 UTC
Previous filing
19 Jul 2021
Next filing
12 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LENB Class A Common Stock Award $0 +15,025 +25% $0.000000 74,192 28 Feb 2022 Direct F1
transaction LENB Class A Common Stock Tax liability $531,460 -5,913 -8% $89.88 68,279 28 Feb 2022 Direct F2
holding LENB Class B Common Stock 3,514 28 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/3 of the restricted shares granted vest on each of February 14, 2023, February 14, 2024 and February 14, 2025, subject to forfeiture in accordance with the terms of the grant.
F2 Surrendered shares to the Company pursuant to a 10b5-1 plan to satisfy a withholding obligation due to a grant of restricted stock on February 28, 2022.