Home > Insider Trading > Filing (0001209191-16-139765)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
920760	Lennar Corp W	LEN, LEN.B	General Bldg Contractors - Residential Bldgs (1520)	954337490

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1245955	Irving Bolotin	700 Nw 107Th Avenue Suite 400 Miami FL 33172		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2016-08-31	343	$0.00	15,677	No	4	A	Direct
Class A Common Stock	Disposition	2016-07-05	63,274	$34.46	0	No	4	S	Indirect	By LP
Class B Common Stock	Disposition	2016-07-05	11,954	$27.99	0	No	4	S	Indirect	By LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Indirect	By LP
No	4	S	Indirect	By LP

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	8,225	Indirect	By GRAT
Class B Common Stock	3,334	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Stock Option (Right to Buy)	$39.62	2014-10-09	2017-04-09	2,500	2,500	Direct
Class A Common Stock	Stock Option (Right to Buy)	$51.26	2015-10-08	2018-04-08	2,500	2,500	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2017-04-09	2,500	2,500	Direct
2018-04-08	2,500	2,500	Direct

Footnotes

These shares were issued in accordance with the Issuer's outside directors' compensation program based on $47.30 per share which was the last reported sale price of the Issuer's Class A common stock on August 31, 2016, the last trading day of the Issuer's fiscal quarter. The shares are not transferable until August 31, 2019, subject to specified exceptions.
The limited partnership interest was sold for estate planning purposes to a trust in exchange for a note. The beneficiaries of the trust are the reporting person's daughters. The shares were sold at an approximate 25% discount to the market price of the shares.