4//SEC Filing
BESSETTE DIANE J 4
Accession 0000950170-25-031280
CIK 0000920760other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 9:28 PM ET
Size
10.7 KB
Accession
0000950170-25-031280
Insider Transaction Report
Form 4
LENNAR CORP /NEW/LEN, LEN.B
BESSETTE DIANE J
VP & Chief Financial Officer
Transactions
- Disposition to Issuer
Class A Common Stock
2025-02-27−904→ 309,060 total - Tax Payment
Class A Common Stock
2025-02-27$120.37/sh−4,571$550,211→ 304,489 total
Holdings
- 3,475(indirect: By Children)
Class A Common Stock
- 3,475(indirect: By Spouse)
Class A Common Stock
- 3,511(indirect: By Children)
Class B Common Stock
- 3,511(indirect: By Spouse)
Class B Common Stock
Footnotes (4)
- [F1]On February 28, 2022, the reporting person was granted a target award of 12,520 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period, which ended on November 30, 2024. This grant was reported when it occurred. As a result of Company's failure to achieve certain financial performance goals, the 904 shares of Class A common stock were forfeited.
- [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 The grant of shares subject to performance-based vesting conditions was originally made on February 28, 2022.
- [F3]Shares are held of record by the reporting person's spouse as custodian for a minor child under the Uniform Transfer to Minors Act (FL). The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F4]Shares are held of record by the reporting person as custodian for a minor child under the Uniform Transfer to Minors Act (FL). The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
LENNAR CORP /NEW/
CIK 0000920760
Entity typeother
Related Parties
1- filerCIK 0001245952
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 9:28 PM ET
- Size
- 10.7 KB