Mark Sustana - Jan 8, 2024 Form 4 Insider Report for LENNAR CORP /NEW/ (LEN, LEN.B)

Role
VP/General Counsel/Secretary
Signature
/s/ Mark Sustana
Stock symbol
LEN, LEN.B
Transactions as of
Jan 8, 2024
Transactions value $
-$467,639
Form type
4
Date filed
1/10/2024, 05:12 PM
Previous filing
Dec 22, 2023
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEN, LEN.B Class A Common Stock Award $0 +10.4K +55.54% $0.00 29.1K Jan 8, 2024 Direct F1
transaction LEN, LEN.B Class A Common Stock Tax liability -$468K -3.13K -10.77% $149.31 25.9K Jan 8, 2024 Direct F2
holding LEN, LEN.B Class B Common Stock 3.51K Jan 8, 2024 Direct
* 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 vest in three equal amounts on each of February 14, 2025, February 14, 2026, and February 14, 2027. The grants are subject to forfeiture in accordance with their terms.
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 January 8, 2024.