X0305 4 2012-05-15 0 0000920760 LENNAR CORP /NEW/ LEN, LEN.B 0001210475 LAPIDUS SIDNEY 700 NW 107TH AVENUE SUITE 400 MIAMI FL 33172 1 0 0 0 Class A Common Stock 2012-05-15 4 S 0 4250 28.49 D 100933 I By Lapidus Family Trust Class A Common Stock 107659 D Class B Common Stock 39996 D Stock Option (Right to Buy) 25.75 2012-10-11 2015-04-11 Class A Common Stock 2500 2500 D Stock Option (Right to Buy) 18.28 2010-10-14 2013-04-14 Class A Common Stock 2500 2500 D Stock Option (Right to Buy) 18.19 2011-10-13 2014-04-13 Class A Common Stock 2500 2500 D Sale executed pursuant to a Rule 10b5-1 plan executed on February 6, 2012. The price reflects the weighted average sale price for the transactions reported on this line. The range of prices for the transactions reported on this line are $28.14 to and including $28.68. The full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, the issuer, or a security holder of the issuer. These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is the trustee of the trust. The reporting person disclaims beneficial ownership of these securites, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for the puposes of Section 16 or for any other purpose. Mark Sustana as Attorney-in-fact for Sidney Lapidus 2012-05-15