LENNAR CORPORATION (NYSE:LEN) Files An 8-K Other EventsItem 8.01 Other Events.
In connection with the vesting of restricted stock held by employees of Lennar Corporation (the “Company”), the Company may acquire from an employee a portion of the vesting restricted stock in satisfaction of the employee’s obligation to reimburse the Company for withholding taxes that it must pay when restricted stock vests. The Company may from time to time offer and sell up to a total of 600,000 shares of its ClassA common stock, par value $0.10 per share, that it acquires from employees. Any offering and sale of those shares will be made to the Company’s registration statement on FormS-3, FileNo.333-219156, and a prospectus supplement dated July6, 2017, filed on July6, 2017 with the Securities and Exchange Commission to Rule 424(b) under the Securities Act of 1933, as amended. A legal opinion relating to the 600,000 shares is filed herewith as Exhibit5.1.
Item 8.01 Financial Statements and Exhibits.
The following exhibit is furnished as part of this Current Report on Form 8-K.
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ExhibitNo. |
Description of Document |
| 5.1 | Opinion of Goodwin Procter LLP. |
LENNAR CORP /NEW/ ExhibitEX-5.1 2 d417892dex51.htm OPINION OF GOODWIN PROCTER LLP Opinion of Goodwin Procter LLP Exhibit 5.1 July 6,…To view the full exhibit click here
About LENNAR CORPORATION (NYSE:LEN)
Lennar Corporation is a homebuilder that operates in various states with deliveries of over 24,290 new homes. The Company’s segments include Homebuilding activities, which include Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston; Lennar Financial Services; Rialto, and Lennar Multifamily. Its Homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land directly and through unconsolidated entities in which it has investments. The Lennar Financial Services segment operations include mortgage financing, title insurance and closing services for its homebuyers and others. The Rialto segment operations include commercial real estate, investment management and finance company. The Lennar Multifamily segment develops a portfolio of institutional multifamily rental properties in select the United States markets.
