4//SEC Filing
JAFFE JONATHAN M 4
Accession 0000950170-25-031286
CIK 0000920760other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 9:31 PM ET
Size
12.6 KB
Accession
0000950170-25-031286
Insider Transaction Report
Form 4
LENNAR CORP /NEW/LEN, LEN.B
JAFFE JONATHAN M
Vice President/COO
Transactions
- Disposition to Issuer
Class A Common Stock
2025-02-27−6,668→ 1,206,566 total - Tax Payment
Class A Common Stock
2025-02-27$120.37/sh−33,732$4,060,321→ 1,172,834 total - Tax Payment
Class A Common Stock
2025-02-27$120.37/sh−28,285$3,404,665→ 1,138,958 total - Disposition to Issuer
Class A Common Stock
2025-02-27−5,591→ 1,167,243 total
Holdings
- 23,153
Class B Common Stock
- 204(indirect: By Trust)
Class B Common Stock
- 1,617(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [F1]On February 28, 2022, the reporting person was granted a target award of 92,390 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 6,668 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 The grant of shares subject to performance-based vesting conditions was originally made on February 28, 2022.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]On November 17, 2022, the reporting person was granted a target award of 77,470 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 5,591 shares of Class A common stock were forfeited.
- [F4]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 The grant of shares subject to performance-based vesting conditions was originally made on November 17, 2022.
- [F5]Represents the number of shares indirectly held by the Reporting Person, as reflected in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account on February 28, 2025.
Documents
Issuer
LENNAR CORP /NEW/
CIK 0000920760
Entity typeother
Related Parties
1- filerCIK 0001245946
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 9:31 PM ET
- Size
- 12.6 KB