Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The following table provides information about our repurchases of common stock during the three months ended August 31, 2020 :
−Removed: Total Number of Shares Purchased (1)
−Removed: Average Price Paid Per Share
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
−Removed: Maximum Number of Shares that may yet be Purchased under the Plans or Programs (2)
−Removed: June 1 to June 30, 2020
−Removed: July 1 to July 31, 2020
−Removed: August 1 to August 31, 2020
+Added: The following table provides information about our repurchases of common stock during the three months ended February 28, 2021:
+Added: Total Number of Shares Purchased (1) Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) Maximum Number of Shares that may yet be Purchased under the Plans or Programs (2)
+Added: December 1 to December 31, 2020 — $ — — 25,000,000
+Added: January 1 to January 31, 2021 300,000 $ 85.40 300,000 24,700,000
+Added: February 1 to February 28, 2021 521,827 $ 84.03 210,000 24,490,000
(1) Includes shares of Class A common stock withheld by us to cover withholding taxes due, at the election of certain holders of nonvested shares, with market value approximating the amount of withholding taxes due.
−Removed: In January 2019, our Board of Directors authorized a stock repurchase program, which replaced the June 2001 stock repurchase program, under which we are authorized to purchase up to the lesser of $1.0 billion in value, excluding commission, or 25 million in shares, of our outstanding Class A or Class B common stock.
+Added: (2) In January 2021, our Board of Directors authorized a stock repurchase program, which replaced a January 2019 stock repurchase program, under which we are authorized to purchase up to the lesser of $1.0 billion in value, excluding commission, or 25 million in shares, of our outstanding Class A or Class B common stock.
This repurchase authorization has no expiration.
Not Applicable
−Removed: Rule 13a-14(a) certification by Rick Beckwitt, Chief Executive Officer.
−Removed: Rule 13a-14(a) certification by Diane Bessette, Vice President, Chief Financial Officer and Treasurer.
−Removed: Section 1350 certifications by Rick Beckwitt, Chief Executive Officer, and Diane Bessette, Vice President, Chief Financial Officer and Treasurer.
−Removed: The following financial statements from Lennar Corporation's Quarterly Report on Form 10-Q for the quarter ended August 31, 2020, filed on October 1, 2020, were formatted in iXBRL (Inline eXtensible Business Reporting Language):
+Added: 31.1* Rule 13a-14(a) certification by Rick Beckwitt.
+Added: 31.2* Rule 13a-14(a) certification by Jonathan M.
+Added: 31.3* Rule 13a-14(a) certification by Diane Bessette.
+Added: 32.* Section 1350 certifications by Rick Beckwitt, Jonathan M.
+Added: Jaffe, and Diane Bessette.
+Added: 101.* The following financial statements from Lennar Corporation's Quarterly Report on Form 10-Q for the quarter ended February 28, 2021, filed on April 1, 2021, were formatted in iXBRL (Inline eXtensible Business Reporting Language):
(i) Condensed Consolidated Balance Sheets, (ii) Condensed Consolidated Statements of Operations and Comprehensive Income (Loss), (iii) Condensed Consolidated Statements of Cash Flows and (iv) the Notes to Condensed Consolidated Financial Statements.
−Removed: iXBRL Instance Document.
−Removed: iXBRL Taxonomy Extension Schema Document.
−Removed: iXBRL Taxonomy Extension Calculation Linkbase Document.
−Removed: iXBRL Taxonomy Extension Definition.
−Removed: iXBRL Taxonomy Extension Label Linkbase Document.
−Removed: iXBRL Taxonomy Presentation Linkbase Document.
−Removed: The cover page from Lennar Corporation's Quarterly Report on Form 10-Q for the quarter ended August 31, 2020 was formatted in iXBRL.
+Added: 101.INS* iXBRL Instance Document.
+Added: 101.SCH* iXBRL Taxonomy Extension Schema Document.
+Added: 101.CAL* iXBRL Taxonomy Extension Calculation Linkbase Document.
+Added: 101.DEF* iXBRL Taxonomy Extension Definition.
+Added: 101.LAB* iXBRL Taxonomy Extension Label Linkbase Document.
+Added: 101.PRE* iXBRL Taxonomy Presentation Linkbase Document.
+Added: 104** The cover page from Lennar Corporation's Quarterly Report on Form 10-Q for the quarter ended February 28, 2021 was formatted in iXBRL.
* Filed herewith.
2 unchanged sentences
Lennar Corporation
−Removed: October 1, 2020
−Removed: /s/ Diane Bessette
+Added: April 1, 2021 /s/ Diane Bessette
Diane Bessette
Vice President, Chief Financial Officer and Treasurer
−Removed: October 1, 2020
−Removed: /s/ David Collins
+Added: April 1, 2021 /s/ David Collins
David Collins
+Added: Vice President and Controller
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.