Company: LEN
Filing Date: 2025-02-28
Form Type: DEF 14A
Source: 0001193125-25-040938
Chunk: 67

Company: LENNAR CORP /NEW/
Filing Date: 2025-02-28
Form: DEF 14A
Chunk 67
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 |    |     |              2,802,273 |     |                — |    |     |                 — |
| Jeff McCall       |     | 2/28/2022   |     |                          3,247 | -3 |     |                566,244 |     |           19,480 | -6 |     |         3,397,117 |
|                   |     | 2/28/2023   |     |                          6,033 | -4 |     |              1,052,095 |     |           18,100 |    |     |         3,156,459 |
|                   |     | 1/8/2024    |     |                          5,863 | -5 |     |              1,022,449 |     |           11,726 |    |     |         2,044,897 |
|                   |     |             |     |                         15,143 |    |     |              2,640,788 |     |           49,306 |    |     |         8,598,473 |

| (1) | Based on stock price of $174.39 for the Class A common stock, which was the closing price of the stock on November 29, 2024. |

| (2) | These performance share awards are subject to performance-based vesting conditions measured over a three-year performance period and vest on the date on which the Compensation Committee certifies the achievement of the relevant performance goals following the completion of the applicable three-year performance period. For the performance share awards granted on February 28, 2022 and November 17, 2022 (together, the “2022 Grant”), the three-year performance period commenced on December 1, 2021 and ended on November 30, 2024. For the performance share awards granted on February 28, 2023, the three-year performance period commenced on December 1, 2022 and ends on November 30, 2025. For the performance share awards granted on January 8, 2024, the three-year performance period commenced on December 1, 2023 and ends on November 30, 2026. The performance share awards were granted at target but the table shows the maximum number of Class A common stock that potentially could be earned in respect of the performance share awards (rather than the target number). |

| (3