Form 4 for LEN Lennar

Accepted 2023-03-02 00:00:00 ET · period of report 2023-02-28 · accession 0001209191-23-014722 · 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
	2023-03-02	2023-02-28	LEN	McCall Jeffrey Joseph	EVP	F - Tax	$96.74	-10.6K	161.4K	-6%	-$1.03M
M	2023-03-02	2023-02-28	LEN	McCall Jeffrey Joseph	EVP	A - Grant	$0.00	+29.7K	172.0K	+21%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-02-28	F	D	10,649	$96.74	161,386	D	—	—	(F3) Pursuant to a 10b5-1 plan, the reporting person surrendered shares to pay tax liability on the shares of Class A common stock that were subject to performance criteria. The grant of shares subject to performance-based vesting conditions was originally made on February 28, 2020.
2	Common	Class A Common Stock	2023-02-28	A	A	18,100	$0.00	160,427	D	—	—	(F1) 9,050 of the shares of Class A common stock granted are subject to performance-based vesting conditions over a three-year performance period, and the other 9,050 shares granted vest in three equal amounts on each of February 14, 2024, February 14, 2025 and February 14, 2026, subject to forfeiture in accordance with the terms of the grant.
3	Common	Class A Common Stock	2023-02-28	A	A	11,608	$0.00	172,035	D	—	—	(F2) On February 28, 2020, the reporting person was granted a target award of 12,429 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period ended November 30, 2022. This grant was reported when it occurred. As a result of meeting specified performance criteria, on February 28, 2023, the 12,429 shares of Class A common stock vested and the reporting person was granted an additional 11,608 shares of Class A common stock.