SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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AMENDMENT NO. 1
TO
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Rule 13d-101)
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LENNAR CORPORATION
(Name of Issuer)
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CLASS B COMMON STOCK, PAR VALUE $0.10 PER SHARE
(Title of Class of Securities)
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526057302
(Cusip Number)
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David W. Bernstein, Esq.
Clifford Chance US LLP
200 Park Avenue
New York, New York 10166
(212) 878-8000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
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December 17, 2003
(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(3), 13d-1(f) or 13d-1(g), check the following
box |_|.
Page 1 of 8 Pages
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CUSIP No. 526057302 13D Page 2 of 12 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
STUART A. MILLER
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |X|
(b) |_|
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3. SEC USE ONLY
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4. SOURCES OF FUNDS
NOT APPLICABLE
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
|_|
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
US
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7. SOLE VOTING POWER
NUMBER OF 10,649,439
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH 10,649,439
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10. SHARED DISPOSITIVE POWER
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,649,439
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
65.6%
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14. TYPE OF REPORTING PERSON
IN
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Item 5. Interest in Securities of the Issuer.
Item 5 is amended by adding at the end of the text responding to
paragraphs (a)-(b) the following:
On December 17, 2003, The Miller Charitable Fund, L.P. transferred
37,000 shares of Class B common stock of the Company, as a charitable
contribution, to The Miller Foundation, Inc. As the sole general partner, LMM
Family Corp. has the power to cause either or both of The Miller Charitable
Fund, L.P. or LMM Family Partnership, L.P. to vote, or to dispose of, securities
which that entity beneficially owns. Therefore, in his capacity as trustee of
Marital Trust I and as the sole officer and sole director of LMM Family Corp.,
Stuart Miller has the sole power to vote or to direct the vote, and the sole
power to dispose or to direct the disposition, of the 260,330 shares of Class B
common stock of the Company beneficially owned by The Miller Charitable Fund,
L.P. and the 10,341,827 shares of Class B common stock of the Company
beneficially owned by LMM Family Partnership, L.P. In addition, Stuart Miller
owns 40,518 shares of Class B common stock of the Company and holds options that
are, or within 60 days will become, exercisable, which entitle him to purchase
up to 6,764 shares of Class B common stock of the Company.
As a result of this transaction, on December 17, 2003, for purposes of
Section 13 of the Securities Exchange Act of 1934, as amended, Stuart Miller is
the beneficial owner of a total of 10,649,439 shares of Class B common stock of
the Company. Based upon the information as to outstanding shares contained in
the Company's Report on Form 10-Q for the period ended August 31, 2003, the
shares of Class B common stock of which Stuart Miller is the beneficial owner
constitute 65.6% of the outstanding shares of Class B common stock.
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: December 23, 2003
By: /s/ Stuart A. Miller
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Stuart A. Miller
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