-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WqjHXBFS+txsTiDiq/eobu4vtw0hWaPqbvnAwFS3aeH4n5LJyNwL9d3bT68BBS/Q ZHi4a1Qx2Vh/QBkI9MGvJQ== 0000898822-99-000040.txt : 19990203 0000898822-99-000040.hdr.sgml : 19990203 ACCESSION NUMBER: 0000898822-99-000040 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990202 GROUP MEMBERS: E.M. WARBURG, PINCUS & CO., LLC GROUP MEMBERS: WARBURG PINCUS INVESTORS LP GROUP MEMBERS: WARBURG, PINCUS & CO. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LENNAR CORP /NEW/ CENTRAL INDEX KEY: 0000920760 STANDARD INDUSTRIAL CLASSIFICATION: GEN BUILDING CONTRACTORS - RESIDENTIAL BUILDINGS [1520] IRS NUMBER: 591281887 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-49015 FILM NUMBER: 99519159 BUSINESS ADDRESS: STREET 1: 700 NW 107TH AVE CITY: MIAMI STATE: FL ZIP: 33172 BUSINESS PHONE: 3055594000 MAIL ADDRESS: STREET 1: 700 N W 107TH AVE CITY: MIAMI STATE: FL ZIP: 33172 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC GREYSTONE CORP /DE/ DATE OF NAME CHANGE: 19940323 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WARBURG PINCUS INVESTORS LP CENTRAL INDEX KEY: 0000929658 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133549187 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 466 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017-3147 BUSINESS PHONE: 2128780600 MAIL ADDRESS: STREET 1: 466 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017-3147 SC 13G/A 1 AMENDMENT NO.2 TO SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 2)1 Lennar Corporation (formerly known as Pacific Greystone Corporation) ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, $0.10 par value per share ------------------------------------------------------------------------------ (Title of Class of Securities) 526057104 ------------------------------------------------------------------------------ (CUSIP Number) July 1, 1998 ------------------------------------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) - ------------------------- 1 The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13G - ---------------------------- ------------------------ CUSIP No. 526057104 Page 2 of 10 - ---------------------------- ------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Warburg, Pincus Investors, L.P. I.D. #13-3549187 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 Shares of Common Stock NUMBER OF ------------------------------------------------------------------- 6 SHARED VOTING POWER SHARES 7,076,600 Shares of Common Stock BENEFICIALLY ------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER OWNED 0 Shares of Common Stock BY EACH ------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER REPORTING 7,076,600 Shares of Common Stock PERSON WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,076,600 Shares of Common Stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.7% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- SCHEDULE 13G - ---------------------------- ------------------------ CUSIP No. 526057104 Page 3 of 10 - ---------------------------- ------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Warburg, Pincus & Co. I.D. #13-6358475 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 Shares of Common Stock NUMBER OF ------------------------------------------------------------------- 6 SHARED VOTING POWER SHARES 7,233,578 Shares of Common Stock* BENEFICIALLY ------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER OWNED 0 Shares of Common Stock BY EACH ------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER REPORTING 7,233,578 Shares of Common Stock* PERSON WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,233,578 Shares of Common Stock* - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - ------------------------ * Warburg, Pincus & Co. may be deemed to benefically own 156,978 shares included herein that are held by its asset management affiliate. SCHEDULE 13G - ---------------------------- ------------------------ CUSIP No. 526057104 Page 4 of 10 - ---------------------------- ------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) E.M. Warburg, Pincus & Co., LLC ID #13-3536050 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 Shares of Common Stock NUMBER OF ------------------------------------------------------------------- 6 SHARED VOTING POWER SHARES 7,076,600 Shares of Common Stock BENEFICIALLY ------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER OWNED 0 Shares of Common Stock BY EACH ------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER REPORTING 7,076,600 Shares of Common Stock PERSON WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,076,600 Shares of Common Stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.7% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- SCHEDULE 13G - ---------------------------- ------------------------ CUSIP No. 526057104 Page 5 of 10 - ---------------------------- ------------------------ ITEM 1(a): Name of Issuer: Lennar Corporation (formerly known as Pacific Greystone Corporation) ITEM 1(b): Address of Issuer's Principal Executive Offices: 700 Northwest 107th Avenue, Miami, Florida 33172 ITEM 2(a): Name of Persons Filing: This Statement is filed by and on behalf of (a) Warburg, Pincus Investors, L.P., a Delaware limited partnership ("WPI"); (b) Warburg, Pincus & Co., a New York general partnership ("WP"); and (c) E.M. Warburg, Pincus & Co., LLC, a New York limited liability company ("EMW LLC"), which manages WPI. WP, the sole general partner of WPI, has a 20% interest in the profits of WPI. Lionel I. Pincus is the managing partner of WP and the managing member of EMW LLC and may be deemed to control both WP and EMW LLC. The members of EMW LLC are substantially the same as the partners of WP. ITEM 2(b): Address of Principal Business Office or, if None, Residence: 466 Lexington Avenue New York, New York 10017 ITEM 2(c): Citizenship: Not applicable. ITEM 2(d): Title of Class of Securities: Common Stock, $0.10 par value per share (the "Common Stock"). ITEM 2(e): CUSIP Number: 526057104 SCHEDULE 13G - ---------------------------- ------------------------ CUSIP No. 526057104 Page 6 of 10 - ---------------------------- ------------------------ ITEM 3: If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act; (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act; (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act; (d) [ ] Investment company registered under Section 8 of the Investment Company Act; (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box: [ ] ITEM 4: Ownership. (a) Amount Beneficially Owned: 7,076,600 shares of Common Stock as of December 31, 1998 (b) Percent of Class: 14.7% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 shares of Common Stock (ii) Shared power to vote or to direct the vote: 7,076,600 shares of Common Stock (iii) Sole power to dispose or to direct the disposition of: 0 shares of Common Stock (iv) Shared power to dispose or to direct the disposition of: 7,076,600 shares of Common Stock SCHEDULE 13G - ---------------------------- ------------------------ CUSIP No. 526057104 Page 7 of 10 - ---------------------------- ------------------------ ITEM 5: Owner of Five Percent or Less of a Class. Not applicable. ITEM 6: Ownership of More than Five Percent on Behalf of Another Person. Not applicable. ITEM 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable. ITEM 8: Identification and Classification of Members of the Group. Not applicable. ITEM 9: Notice of Dissolution of a Group. Not applicable. ITEM 10: Certification. Not applicable. SCHEDULE 13G - ---------------------------- ------------------------ CUSIP No. 526057104 Page 8 of 10 - ---------------------------- ------------------------ 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: February 2, 1999 WARBURG, PINCUS INVESTORS, L.P. By: Warburg, Pincus & Co., General Partner By: /s/ Stephen Distler ------------------------------------- Name: Stephen Distler Title: Partner WARBURG, PINCUS & CO. By: /s/ Stephen Distler ------------------------------------- Name: Stephen Distler Title: Partner E.M. WARBURG, PINCUS & CO., LLC By: /s/ Stephen Distler ------------------------------------- Name: Stephen Distler Title: Member SCHEDULE 13G - ---------------------------- ------------------------ CUSIP No. 526057104 Page 9 of 10 - ---------------------------- ------------------------ SCHEDULES Schedule I Joint Filing Agreement, dated February 11, 1997, among the signatories to this Amendment No. 2 to Schedule 13G. SCHEDULE 13G - ---------------------------- ------------------------ CUSIP No. 526057104 Page 10 of 10 - ---------------------------- ------------------------ SCHEDULE I JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(f)(1) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that it knows or has reason to believe that such information is inaccurate. This Agreement may be executed in any number of counterparts and all of such counterparts taken together shall constitute one and the same instrument. Dated: February 11, 1997 WARBURG, PINCUS INVESTORS, L.P. By: Warburg, Pincus & Co., General Partner By: /s/ Stephen Distler Name: Stephen Distler Title: Partner WARBURG, PINCUS & CO. By: /s/ Stephen Distler Name: Stephen Distler Title: Partner E.M. WARBURG, PINCUS & CO., LLC By: /s/ Stephen Distler Name: Stephen Distler Title: Member -----END PRIVACY-ENHANCED MESSAGE-----