Mark Sustana - 28 Feb 2023 Form 4 Insider Report for LENNAR CORP /NEW/ (LEN)

Role
VP/General Counsel/Secretary
Signature
/s/ Mark Sustana
Issuer symbol
LEN
Transactions as of
28 Feb 2023
Net transactions value
-$610,042
Form type
4
Filing time
02 Mar 2023, 15:35:34 UTC
Previous filing
12 May 2022
Next filing
22 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LENB Class A Common Stock Award $0 +16,025 +35% $0.000000 62,304 28 Feb 2023 Direct F1
transaction LENB Class A Common Stock Tax liability $610,042 -6,306 -10% $96.74 55,998 28 Feb 2023 Direct F2
holding LENB Class B Common Stock 3,514 28 Feb 2023 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, 2024, February 14, 2025 and February 14, 2026, 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, 2023.