Form 4 for LEN Lennar
Accepted 2024-03-01 00:00:00 ET · period of report 2024-02-28 · accession 0001209191-24-004160 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-01 | 2024-02-28 | LEN | MILLER STUART A | Executive COB, Co-CEO, Dir, 10% | A - Grant | $0.00 | +60.1K | 1.76M | +4% | $0 | |
| 2024-03-01 | 2024-02-28 | LEN | MILLER STUART A | Executive COB, Co-CEO, Dir, 10% | F - Tax | $153.80 | -54.4K | 1.71M | -3% | -$8.37M |
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 | 2024-02-28 | A | A | 60,134 | $0.00 | 1,762,295 | D | — | — | (F1) On February 26, 2021, the reporting person was granted a target award of 78,097 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period ended November 30, 2023. This grant was reported when it occurred. As a result of meeting specified performance criteria, on February 14, 2024, the 78,097 shares of Class A common stock vested and the reporting person was granted an additional 60,134 shares of Class A common stock. |
| 2 | Common | Class A Common Stock | 2024-02-28 | F | D | 54,394 | $153.80 | 1,707,901 | D | — | — | (F2) 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 The grant of shares subject to performance-based vesting conditions was originally made on February 26, 2021. |