4//SEC Filing
LENNAR CORP /NEW/ 4
Accession 0001182489-06-000697
$LENCIK 0000920760operating
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 5:23 PM ET
Size
20.7 KB
Accession
0001182489-06-000697
Insider Transaction Report
Form 4
LENNAR CORP /NEW/LEN,LEN.B
MCCAIN DAVID B
Vice President
Transactions
- Exercise/Conversion
Class A Common Stock
2006-06-28$13.61/sh+4,000$54,440→ 54,870 total - Exercise/Conversion
Class B Common Stock
2006-06-28+400→ 11,819 total - Sale
Class A Common Stock
2006-06-28$43.33/sh−22,857$990,387→ 32,013 total - Exercise/Conversion
Stock Option (Right to Buy)
2006-06-28−4,000→ 8,000 totalExercise: $13.61From: 1999-06-01Exp: 2008-06-01→ Class A Common Stock (4,000 underlying) - Sale
Class B Common Stock
2006-06-28$40.00/sh−2,800$112,000→ 9,019 total - Exercise/Conversion
Stock Option (Right to Acquire)
2006-06-28−400→ 800 totalExercise: $0.00From: 2007-06-01Exp: 2008-06-01→ Class B Common Stock (400 underlying)
Holdings
- 60,000
Stock Option (Right to Buy)
Exercise: $46.42From: 2004-12-17Exp: 2008-12-17→ Class A Common Stock (60,000 underlying) - 1,800
Stock Option (Right to Acquire)
Exercise: $0.00From: 2007-01-23Exp: 2008-01-23→ Class B Common Stock (1,800 underlying) - 18,000
Stock Option (Right to Buy)
Exercise: $27.84From: 2004-01-23Exp: 2008-01-23→ Class A Common Stock (18,000 underlying) - 20,000
Stock Option (Right to Buy)
Exercise: $55.00From: 2005-12-16Exp: 2009-12-16→ Class A Common Stock (20,000 underlying)
Footnotes (4)
- [F1]The Class B Common Stock was issued as a result of anti-dilution provisions with regard to exercises that originally related to Class A Common Stock
- [F2]These stock options vest in nine annual installments. 10% of the stock options granted become exercisable on the first eight anniversaries of the grant date and the remaining 20% become exercisable on the ninth anniversary of the grant date.
- [F3]Represents shares of Class B Common Stock to be issued upon the exercise of certain options to purchase Class A Common Stock.
- [F4]These stock options become exercisable in four annual installments. 10% of the stock options become exercisable on the first anniversary of the grant date and 30% of the stock options become exercisable on each of the next three anniversaries of the grant date.
Documents
Issuer
LENNAR CORP /NEW/
CIK 0000920760
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000920760
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 5:23 PM ET
- Size
- 20.7 KB