SUSTANA MARK 4
4 · LENNAR CORP /NEW/ · Filed Jul 19, 2021
Insider Transaction Report
Form 4
LENNAR CORP /NEW/LEN, LEN.B
SUSTANA MARK
General Counsel/Secretary
Transactions
- Tax Payment
Class A Common Stock
2021-07-18$95.96/sh−5,645$541,694→ 59,167 total - Tax Payment
Class A Common Stock
2021-07-18$95.96/sh−3,237$310,623→ 70,036 total - Tax Payment
Class A Common Stock
2021-07-18$95.96/sh−5,224$501,295→ 64,812 total
Holdings
- 3,514
Class B Common Stock
Footnotes (3)
- [F1]The reporting person surrendered shares to pay tax liability on restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 25, 2019. On July 18, 2021, the reporting person became eligible for "retirement", as defined in the Lennar Corporation 2016 Equity Incentive Plan, and, as a result, the restricted stock was deemed taxable under applicable tax rules. The reporting person has no intention to retire.
- [F2]The reporting person surrendered shares to pay tax liability on restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on June 25, 2020. On July 18, 2021, the reporting person became eligible for "retirement", as defined in the Lennar Corporation 2016 Equity Incentive Plan, and, as a result, the restricted stock was deemed taxable under applicable tax rules. The reporting person has no intention to retire.
- [F3]The reporting person surrendered shares to pay tax liability on restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on February 26, 2021. On July 18, 2021, the reporting person became eligible for "retirement", as defined in the Lennar Corporation 2016 Equity Incentive Plan, and, as a result, the restricted stock was deemed taxable under applicable tax rules. The reporting person has no intention to retire.