0001209191-23-014716.txt : 20230302 0001209191-23-014716.hdr.sgml : 20230302 20230302163702 ACCESSION NUMBER: 0001209191-23-014716 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20230302 DATE AS OF CHANGE: 20230302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BECKWITT RICHARD CENTRAL INDEX KEY: 0001197193 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11749 FILM NUMBER: 23699663 MAIL ADDRESS: STREET 1: LENNAR CORPORATION STREET 2: 700 NW 107 AVE 4TH FLR CITY: MIAMI STATE: FL ZIP: 33172 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LENNAR CORP /NEW/ CENTRAL INDEX KEY: 0000920760 STANDARD INDUSTRIAL CLASSIFICATION: GEN BUILDING CONTRACTORS - RESIDENTIAL BUILDINGS [1520] IRS NUMBER: 954337490 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 BUSINESS ADDRESS: STREET 1: 5505 BLUE LAGOON DRIVE CITY: MIAMI STATE: FL ZIP: 33126 BUSINESS PHONE: 3055594000 MAIL ADDRESS: STREET 1: 5505 BLUE LAGOON DRIVE CITY: MIAMI STATE: FL ZIP: 33126 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC GREYSTONE CORP /DE/ DATE OF NAME CHANGE: 19940323 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2023-02-28 0 0000920760 LENNAR CORP /NEW/ LEN, LEN.B 0001197193 BECKWITT RICHARD 5505 BLUE LAGOON DRIVE MIAMI FL 33126 1 1 0 0 Co-CEO & Co-President Class A Common Stock 2023-02-28 4 A 0 239825 0.00 A 2104373 D Class A Common Stock 2023-02-28 4 F 0 28313 96.74 D 2076060 D Class A Common Stock 2023-02-28 4 A 0 88538 0.00 A 2164598 D Class A Common Stock 2023-02-28 4 F 0 72142 96.74 D 2092456 D Class A Common Stock 6000 I By Trust Class B Common Stock 21501 D Class B Common Stock 120 I By Trust 167,875 of the shares of Class A common stock granted are subject to performance-based vesting conditions over a three-year performance period, and the other 71,950 of the shares of Class A common stock granted vest in three equal amounts on each of February 14, 2024, February 14, 2025 and February 14, 2026. The grants are subject to forfeiture in accordance with their terms. Surrendered shares to the Company pursuant to a 10b5-1 plan to satisfy a withholding obligation due to a grant of restricted stock on February 28, 2023. On February 28, 2020, the reporting person was granted a target award of 94,795 shares of Class A common stock subject to performance-based vesting conditions over a three-year performance period ended November 30, 2022. This grant was reported when it occurred. As a result of meeting specified performance criteria, on February 28, 2023, the 94,795 shares of Class A common stock vested and the reporting person was granted an additional 88,538 shares of Class A common stock. 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 28, 2020. The shares are held in a trust for the benefit of the reporting person's spouse. /s/ Mark Sustana as attorney-in-fact for Richard Beckwitt 2023-03-02