Form 4 for LEN Lennar
Accepted 2021-07-19 00:00:00 ET · period of report 2021-07-18 · accession 0001209191-21-047171 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2021-07-19 | 2021-07-18 | LEN | SUSTANA MARK | VP, GC, Sec | F - Tax | $95.96 | -14.1K | 70.0K | -17% | -$1.35M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-07-18 | F | D | 5,645 | $95.96 | 59,167 | D | — | — | (F3) The reporting person surrendered shares to pay tax liability on restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on February 26, 2021. On July 18, 2021, the reporting person became eligible for "retirement", as defined in the Lennar Corporation 2016 Equity Incentive Plan, and, as a result, the restricted stock was deemed taxable under applicable tax rules. The reporting person has no intention to retire. |
| 2 | Common | Class A Common Stock | 2021-07-18 | F | D | 5,224 | $95.96 | 64,812 | D | — | — | (F2) The reporting person surrendered shares to pay tax liability on restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 25, 2020. On July 18, 2021, the reporting person became eligible for "retirement", as defined in the Lennar Corporation 2016 Equity Incentive Plan, and, as a result, the restricted stock was deemed taxable under applicable tax rules. The reporting person has no intention to retire. |
| 3 | Common | Class A Common Stock | 2021-07-18 | F | D | 3,237 | $95.96 | 70,036 | D | — | — | (F1) The reporting person surrendered shares to pay tax liability on restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 25, 2019. On July 18, 2021, the reporting person became eligible for "retirement", as defined in the Lennar Corporation 2016 Equity Incentive Plan, and, as a result, the restricted stock was deemed taxable under applicable tax rules. The reporting person has no intention to retire. |