Sidney Lapidus - Apr 12, 2022 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
Apr 12, 2022
Transactions value $
$0
Form type
4
Date filed
4/14/2022, 04:29 PM
Previous filing
Sep 30, 2021
Next filing
Apr 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LENB Class A Common Stock Gift $0 -50K -36.37% $0.00 87.5K Mar 24, 2022 Direct F1
transaction LENB Class A Common Stock Award $0 +1.76K +2.02% $0.00 89.2K Apr 12, 2022 Direct F2
transaction LENB Class A Common Stock Gift $0 +50K $0.00 50K Mar 24, 2022 By GRAT F1
holding LENB Class B Common Stock 43.3K Apr 12, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 24, 2022, 50,000 shares were transferred from the reporting person to the Sidney Lapidus 2022 GRAT. 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 Shares issued in accordance with the Issuer's outside directors' compensation program. Shares are fully vested and fifty percent (50%) of the shares are subject to a two-year minimum holding period from the date of issuance.