8-K
LENNAR CORP /NEW/ (LEN)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
April 7, 2021
Date of Report (Date of earliest event reported)
LENNAR CORPORATION
(Exact name of registrant as specified in its charter)
| Delaware | 1-11749 | 95-4337490 |
|---|---|---|
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
700 Northwest 107th Avenue, Miami, Florida 33172
(Address of principal executive offices) (Zip Code)
(305) 559-4000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Class A Common Stock, par value $.10 | LEN | New York Stock Exchange |
| Class B Common Stock, par value $.10 | LEN.B | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
On April 7, 2021, Lennar Corporation (the "Company") held its 2021 Annual Meeting of Stockholders. The final results for each of the matters submitted to a vote of stockholders at the meeting were as follows:
1. The following individuals were elected as directors to serve until the 2022 Annual Meeting of Stockholders:
| Votes For | Votes Against | Votes Abstaining | Broker Non-votes | |
|---|---|---|---|---|
| Amy Banse | 556,346,279 | 1,065,032 | 340,001 | 26,641,418 |
| Rick Beckwitt | 552,816,655 | 4,588,951 | 345,706 | 26,641,418 |
| Steven L. Gerard | 488,442,428 | 68,870,882 | 438,002 | 26,641,418 |
| Theron I. ("Tig") Gilliam | 505,704,018 | 51,663,752 | 383,542 | 26,641,418 |
| Sherrill W. Hudson | 499,235,903 | 58,163,347 | 352,062 | 26,641,418 |
| Jonathan M. Jaffe | 552,779,877 | 4,625,085 | 346,350 | 26,641,418 |
| Sidney Lapidus | 538,231,095 | 19,171,117 | 349,100 | 26,641,418 |
| Teri P. McClure | 498,111,969 | 59,300,927 | 338,416 | 26,641,418 |
| Stuart Miller | 547,761,914 | 9,861,290 | 128,108 | 26,641,418 |
| Armando Olivera | 541,799,924 | 15,598,754 | 352,634 | 26,641,418 |
| Jeffrey Sonnenfeld | 496,350,305 | 60,097,555 | 1,303,452 | 26,641,418 |
2. Stockholders approved, on an advisory basis, the compensation of our named executive officers described in the Proxy Statement dated February 25, 2021 relating to the Company’s 2021 Annual Meeting of Stockholders. The results of the vote were as follows:
| Votes For | Votes Against | Votes Abstaining | Broker Non-votes |
|---|---|---|---|
| 470,013,378 | 87,497,818 | 240,116 | 26,641,418 |
3. Stockholders ratified the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our fiscal year ending November 30, 2021. The results of the vote were as follows:
| Votes For | Votes Against | Votes Abstaining | Broker Non-votes |
|---|---|---|---|
| 569,310,226 | 14,957,574 | 124,930 | — |
4. Stockholders did not approve a stockholder proposal regarding our common stock voting structure. The results of the vote were as follows:
| Votes For | Votes Against | Votes Abstaining | Broker Non-votes |
|---|---|---|---|
| 254,839,809 | 302,550,560 | 360,943 | 26,641,418 |
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description of Document |
|---|---|
| 104 | Cover Page Interactive Data File--the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: April 9, 2021 | Lennar Corporation | |
|---|---|---|
| By: | /s/ Diane Bessette | |
| Name: | Diane Bessette | |
| Title: | Vice President, Chief Financial Officer and Treasurer |