X0304 4 2011-11-30 0 0000920760 LENNAR CORP /NEW/ LEN, LEN.B 0001245946 JAFFE JONATHAN M 700 NW 107TH AVENUE SUITE 400 MIAMI FL 33172 0 1 0 0 Vice President/COO Class A Common Stock 2011-11-30 4 F 0 29175 18.41 D 308325 D Class A Common Stock 2011-11-30 4 F 0 29175 18.41 D 279150 D Class A Common Stock 2011-11-30 4 A 0 250000 0.00 A 529150 D Class A Common Stock 591265 I See Footnote Class B Common Stock 37818 I See Footnote Stock Option (Right to Buy) 26.32 2006-01-25 2012-01-25 Class A Common Stock 4000 4000 D Stock Option (Right to Buy) 13.54 2009-07-23 2013-07-23 Class A Common Stock 500000 500000 D Stock Option (Right to Buy) 0.00 2006-01-25 2012-01-25 Class B Common Stock 400 400 D Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on November 30, 2009 Surrendered shares to pay tax liability on vesting restricted stock pursuant to a 10b5-1 plan. The restricted stock was originally granted on November 30, 2010. Restricted stock grant on November 30, 2011. 25% of the restricted shares granted will vest on June 30, 2012 subject to forfeiture, and the remaining 75% of the shares granted on November 30, 2011 will vest, subject to forfeiture, in equal intervals on each of the first three anniversaries of the grant date. 588,702 shares are held in a family trust, 2,538 shares are held through an ESOP trust and 25 shares are owned by Mr. Jaffe's son of which Mr. Jaffe disclaims beneficial ownership. 37,560 shares are held in a family trust and 258 shares are held through an ESOP trust. These stock options become exercisable in installments of 25% on each of the first four anniversaries of the grant date. Represents shares of Class B Common Stock to be issued upon the exercise of certain options to purchase Class A Common Stock. Mark Sustana as Attorny-In-Fact for Jonathan M. Jaffe 2011-12-02