PROSPECTUS SUPPLEMENT

Filed Pursuant to Rule 424(b)(7)

File No. 333-142732

PROSPECTUS SUPPLEMENT

LENNAR CORPORATION

This Prospectus Supplement is being filed to provide information about persons who, at the date of this Prospectus Supplement, may sell securities by means of the Form S-3 prospectus included in the Form S-8 prospectus that is part of Registration Statement File No. 333-142732. The information below is as of December 31, 2011.

 

Name

   

Position(s) with registrant

    Shares of
Class A
common
stock owned (1)		      Shares of
Class B
common
stock owned (1)		      Amount
offered for
security
holder’s
account (2)		     

Percentage to
be owned

after
completion of
offering (3)

Stuart A. Miller

    Chief Executive Officer; Director      2,539,132         21,409,804         1,516,202       11.9%

Richard Beckwitt

    President (4)      1,279,436         —         1,350,000       Less than 1%

Jonathan M. Jaffe

   

Vice President and Chief Operating Officer

      1,496,852         38,218         1,354,000       Less than 1%

Bruce E. Gross

   

Vice President and Chief Financial Officer

      696,616         72,382         493,000       Less than 1%

Diane J. Bessette

    Vice President and Treasurer      242,857         8,159         194,000       Less than 1%

Mark Sustana

    Secretary and General Counsel      151,953         —         160,000       Less than 1%

David M. Collins

    Controller      114,200         1,628         129,200       Less than 1%

Irving Bolotin

    Director      96,915         15,288         25,484       Less than 1%

Steven L. Gerard

    Director      22,618         850         17,500       Less than 1%

Theron I. (“Tig”) Gilliam, Jr

    Director      8,400         —         7,000       Less than 1%

Sherrill W. Hudson

    Director      25,500         5,000         15,500       Less than 1%

R. Kirk Landon

    Director      49,300         22,380         17,500       Less than 1%

Sidney Lapidus

    Director      215,842         39,996         19,922       Less than 1%

Donna Shalala

    Director      17,000         200         17,500       Less than 1%

Jeffrey Sonnenfeld

    Director      17,604         —         17,500       Less than 1%

 

(1) Includes shares issuable upon exercise of options that are currently exercisable or will become exercisable within 60 days.

 

(2) Includes shares issuable upon exercise of options outstanding under the 2000 Stock Option and Restricted Stock Plan, 2003 Stock Option and Restricted Stock Plan and 2007 Equity Incentive Plan (including options that are not currently exercisable and will not become exercisable within 60 days). Also includes restricted stock issued under the 2007 Equity Incentive Plan.

 

(3) Assuming all Class A and Class B shares that are being offered are sold.

 

(4) In April 2011, Mr. Beckwitt was promoted from Executive Vice President to President.

 

January 31, 2012