MILLER STUART A 4
4 · LENNAR CORP /NEW/ · Filed Mar 1, 2024
Insider Transaction Report
Form 4
LENNAR CORP /NEW/LEN, LEN.B
MILLER STUART A
DirectorExecutive Chairman & CEO10% Owner
Transactions
- Tax Payment
Class A Common Stock
2024-02-28$153.80/sh−54,394$8,365,797→ 1,707,901 total - Award
Class A Common Stock
2024-02-28+60,134→ 1,762,295 total
Holdings
- 2,494(indirect: By Trust)
Class B Common Stock
- 14,476(indirect: By Trust)
Class A Common Stock
- 6,660(indirect: By GRAT)
Class A Common Stock
- 19,817(indirect: By Trust)
Class A Common Stock
- 121,323
Class B Common Stock
- 21,629,137(indirect: By Trust)
Class B Common Stock
Footnotes (3)
- [F1]On February 26, 2021, the reporting person was granted a target award of 78,097 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period ended November 30, 2023. This grant was reported when it occurred. As a result of meeting specified performance criteria, on February 14, 2024, the 78,097 shares of Class A common stock vested and the reporting person was granted an additional 60,134 shares of Class A common stock.
- [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 The grant of shares subject to performance-based vesting conditions was originally made on February 26, 2021.
- [F3]Mr. Miller has sole voting and investment power with respect to these shares, even though he has only limited pecuniary interest in these shares. Mr. Miller disclaims beneficial ownership of these shares except to the extent of such pecuniary interest.