XNYS:LEN.B Lennar Corp Class B Insider Activity 4 Filing - 2/1/2012

Effective Date 2/1/2012

XNYS:LEN.B (Lennar Corp Class B): Fair Value Estimate
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XNYS:LEN.B (Lennar Corp Class B): Consider Selling
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XNYS:LEN.B (Lennar Corp Class B): Fair Value Uncertainty
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XNYS:LEN.B (Lennar Corp Class B): Economic Moat
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XNYS:LEN.B (Lennar Corp Class B): Stewardship
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MILLER STUART A
  2. Issuer Name and Ticker or Trading Symbol
LENNAR CORP /NEW/ [LEN, LEN.B]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
700 NW 107TH AVENUE, SUITE 400
3. Date of Earliest Transaction (Month/Day/Year)
02/01/2012
(Street)

MIAMI, FL 33172
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/01/2012   S   33,333(1) D $21.79(2) 2,288,504 D  
Class A Common Stock 02/02/2012   S   33,333(1) D $21.84(3) 2,255,171 D  
Class A Common Stock 02/03/2012   S   33,334(1) D $22.33(4) 2,221,837 D  
Class A Common Stock               36,850 I By Trust(5)
Class A Common Stock               18,443 I By ESOP Trust
Class B Common Stock               97,730 D  
Class B Common Stock               1,878 I By ESOP Trust
Class B Common Stock               21,207,996 I By Family Trust(5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MILLER STUART A
700 NW 107TH AVENUE
SUITE 400
MIAMI, FL 33172
  X   X   Chief Executive Officer  

Signatures

 Mark Sustana as attorney-in-fact for Stuart A. Miller   02/03/2012
** Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Sale executed pursuant to a Rule 10b5-1 plan executed on April 25, 2011.
(2) 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 $21.57 to and including $21.97. 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.
(3) 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 $21.66 to and including $21.98 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.
(4) 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 $22.24 to and including $22.46. 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.
(5) 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.

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XNYS:LEN.B Lennar Corp Class B Insider Activity 4 Filling

Lennar Corp Class B XNYS:LEN.B Stock - Get Insider Activity SEC Filing of Lennar Corp Class B XNYS:LEN.B stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

XNYS:LEN.B Lennar Corp Class B Insider Activity 4 Filing - 2/1/2012
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