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 February 28, 2023:
+Added: The following table provides information about our repurchases of common stock during the three months ended May 31, 2023:
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)
−Removed: December 1 to December 31, 2022 100,170 $ 87.05 100,000 25,504,347
−Removed: January 1 to January 31, 2023 887,999 $ 91.53 887,999 24,616,348
−Removed: February 1 to February 28, 2023 1,656,738 $ 98.17 1,012,001 23,604,347
+Added: March 1 to March 31, 2023 358,466 $ 98.42 350,000 23,254,347
+Added: April 1 to April 30, 2023 659,707 $ 98.73 659,707 22,594,640
+Added: May 1 to May 31, 2023 990,955 $ 109.34 990,293 21,604,347
(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.
1 unchanged sentence
The repurchase authorization has no expiration date.
−Removed: This authorization was in addition to what was remaining of the October 2021 stock repurchase program.
+Added: This authorization was in addition to what was remaining of our October 2021 stock repurchase program.
Not Applicable
−Removed: 10.1* 2023 Award Agreements under the Company’s 2016 Incentive Compensation Plan, as amended, for Mr.
−Removed: Beckwitt, Mr.
−Removed: Bessette, Mr.
−Removed: McCall and Mr.
−Removed: Sustana – Incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K, dated February 28, 2023.
−Removed: 10.2* Form of 2023 Award Agreement under the Company’s 2016 Equity Incentive Plan for Mr.
−Removed: Beckwitt, Mr.
−Removed: Bessette and Mr.
−Removed: McCall – Incorporated by reference to Exhibit 10.1 of the Company’s Current Report on Form 8-K, dated February 28, 2023.
31.1* Rule 13a-14(a) certification by Rick Beckwitt.
3 unchanged sentences
Jaffe, and Diane Bessette.
−Removed: 101.** The following financial statements from Lennar Corporation's Quarterly Report on Form 10-Q for the quarter ended February 28, 2023, filed on April 4, 2023, were formatted in iXBRL (Inline eXtensible Business Reporting Language):
+Added: 101.* The following financial statements from Lennar Corporation's Quarterly Report on Form 10-Q for the quarter ended May 31, 2023, filed on June 30, 2023, were formatted in iXBRL (Inline eXtensible Business Reporting Language):
(i) Condensed Consolidated Balance Sheets, (ii) Condensed Consolidated Statements of Operations and Comprehensive Income, (iii) Condensed Consolidated Statements of Cash Flows and (iv) the Notes to Condensed Consolidated Financial Statements.
104*** Cover Page Interactive Data File (formatted as iXBRL and contained in Exhibit 101)
−Removed: * Management contract or compensatory plan or arrangement
* Filed herewith.
+Added: ** Furnished herewith.
*** Included in Exhibit 101.
1 unchanged sentence
Lennar Corporation
−Removed: April 4, 2023 /s/ Diane Bessette
+Added: June 30, 2023 /s/ Diane Bessette
Diane Bessette
Vice President, Chief Financial Officer and Treasurer
−Removed: April 4, 2023 /s/ David Collins
+Added: June 30, 2023 /s/ David Collins
David Collins
1 unchanged sentence
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.