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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
1245946	M Jonathan Jaffe	700 Nw 107Th Avenue Suite 400 Miami FL 33172	Vice President/Coo	No	Yes	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	Disposition	2011-11-11	50,000	$18.07	707,159	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2011-11-11	40,000	$18.06	667,159	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2011-11-11	34,090	$18.08	633,069	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2011-11-11	19,439	$18.02	613,630	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2011-11-11	15,910	$18.07	597,720	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2011-11-11	5,561	$18.00	592,159	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2011-11-11	900	$18.01	591,259	No	4	S	Indirect	See Footnote
Class B Common Stock	Disposition	2011-11-11	6,675	$13.64	43,832	No	4	S	Indirect	See Footnote
Class B Common Stock	Disposition	2011-11-11	5,175	$13.60	38,657	No	4	S	Indirect	See Footnote
Class B Common Stock	Disposition	2011-11-11	840	$13.65	37,817	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	337,500	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)	$26.32	2006-01-25	2012-01-25	4,000	4,000	Direct
Class A Common Stock	Stock Option (Right to Buy)	$13.54	2009-07-23	2013-07-23	500,000	500,000	Direct
Class B Common Stock	Stock Option (Right to Buy)	$0.00	2006-01-25	2012-01-25	400	400	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2012-01-25	4,000	4,000	Direct
2013-07-23	500,000	500,000	Direct
2012-01-25	400	400	Direct

Footnotes

588,702 shares are held in a family trust, 2,532 shares are held through an ESOP trust and 25 shares are owned by Mr. Jaffe's son of which Mr. Jaffe disclaims beneficial ownership.
37,560 shares are held in a family trust and 257 shares are held through an ESOP trust.
These stock options become exercisable in installments of 25% on each of the first four anniversaries of the grant date.
Represents shares of Class B Common Stock to be issued upon the exercise of certain options to purchase Class A Common Stock.