Stuart A. Miller - 17 Nov 2022 Form 4 Insider Report for LENNAR CORP /NEW/ (LEN)

Signature
/s/ Mark Sustana as attorney-in-fact for Stuart Miller
Issuer symbol
LEN
Transactions as of
17 Nov 2022
Net transactions value
$0
Form type
4
Filing time
21 Nov 2022, 16:16:06 UTC
Previous filing
02 Mar 2022
Next filing
28 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LENB Class A Common Stock Award $0 +89,064 +5.9% $0.000000 1,605,235 17 Nov 2022 Direct F1
holding LENB Class B Common Stock 121,322 17 Nov 2022 Direct
holding LENB Class A Common Stock 14,476 17 Nov 2022 By Trust F2
holding LENB Class A Common Stock 19,745 17 Nov 2022 By ESOP Trust
holding LENB Class B Common Stock 2,484 17 Nov 2022 By ESOP Trust
holding LENB Class B Common Stock 21,629,137 17 Nov 2022 By Family Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class A common stock granted are subject to performance-based vesting conditions over a three-year performance period. The grant is subject to forfeiture in accordance with its terms.
F2 Mr. Miller has sole voting and investment power with respect to these shares, even though he has only limited pecuniary interest in these shares. Mr. Miller disclaims beneficial ownership of these shares except to the extent of such pecuniary interest.