SIDNEY LAPIDUS - 12 Apr 2022 Form 4 Insider Report for LENNAR CORP /NEW/ (LENB)

Role
Director
Signature
/s/ Mark Sustana as attorney-in-fact for Sidney Lapidus
Issuer symbol
LENB
Transactions as of
12 Apr 2022
Transactions value $
$0
Form type
4
Filing time
14 Apr 2022, 16:29:29 UTC
Previous filing
30 Sep 2021
Next filing
13 Apr 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 Gift $0 -50K -36.37% $0.00 87.5K 24 Mar 2022 Direct F1
transaction LENB Class A Common Stock Award $0 +1.76K +2.02% $0.00 89.2K 12 Apr 2022 Direct F2
transaction LENB Class A Common Stock Gift $0 +50K $0.00 50K 24 Mar 2022 By GRAT F1
holding LENB Class B Common Stock 43.3K 12 Apr 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 24, 2022, 50,000 shares were transferred from the reporting person to the Sidney Lapidus 2022 GRAT. The reporting person is the trustee and sole beneficiary of the GRAT, therefore the transaction did not result in a change in beneficial ownership.
F2 Shares issued in accordance with the Issuer's outside directors' compensation program. Shares are fully vested and fifty percent (50%) of the shares are subject to a two-year minimum holding period from the date of issuance.