-----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, HTG4BftO7H6zZecogq+07DpbnBSIMmrKtjzMHAto34pHSY/aVn3i/lYY2SWKnhjY U9/3qexdoQf3/XHD1S+vPA== 0000950123-02-007524.txt : 20020807 0000950123-02-007524.hdr.sgml : 20020807 20020807172607 ACCESSION NUMBER: 0000950123-02-007524 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20020807 GROUP MEMBERS: LMM FAMILY CORP GROUP MEMBERS: MARITAL TRUST I 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: 954337490 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49015 FILM NUMBER: 02722135 BUSINESS ADDRESS: STREET 1: 700 NW 107TH AVE STREET 2: STE 300 CITY: MIAMI STATE: FL ZIP: 33172 BUSINESS PHONE: 3055594000 MAIL ADDRESS: STREET 1: 700 N W 107TH AVE STREET 2: STE 300 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: LMM FAMILY PARTNERSHIP L P CENTRAL INDEX KEY: 0000931318 IRS NUMBER: 650523705 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 700 NORTHWEST 107TH AVENUE CITY: MIAMI STATE: FL ZIP: 33172 BUSINESS PHONE: 3055594000 MAIL ADDRESS: STREET 1: 700 NORTHWEST 107TH AVENUE CITY: MIAMI STATE: FL ZIP: 33172 SC 13D/A 1 y62808csc13dza.txt AMENDEMENT #1 TO SCHEDULE 13D: LENNAR/LMM FAMILY SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Rule 13d-101) LENNAR CORPORATION (Name of Issuer) COMMON STOCK, PAR VALUE $0.10 PER SHARE (Title of Class of Securities) 526057104 (CUSIP Number) DAVID W. BERNSTEIN, ESQ. CLIFFORD CHANCE ROGERS & WELLS 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) JULY 28, 2002 (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(e), 13d-1(f) or 13d-1(g), check the following box [_]. Page 1 of 7 Pages CUSIP No. 526057104 13D Page 2 of 7 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LMM FAMILY PARTNERSHIP, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES ----------------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 9,401,661 ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH 9,401,661 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,401,661 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- CUSIP No. 526057104 13D Page 3 of 7 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) LMM FAMILY CORP. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES ----------------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 9,401,661 ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH 9,401,661 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,401,661 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- CUSIP No. 526057104 13D Page 4 of 7 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) MARITAL TRUST I CREATED UNDER LEONARD MILLER AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NOT APPLICABLE - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES ----------------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY OWNED BY 9,401,661 ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH 9,401,661 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9,401,661 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14.6% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- This Amendment No. 1 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission on November 12, 1997 by LMM Family Partnership, L.P. ITEM 2. IDENTITY AND BACKGROUND. (a)-(c) The persons filing this Amendment are LMM Family Partnership, L.P. (the "Partnership"), a Delaware limited partnership, LMM Family Corp. (the "Corporation"), a Delaware corporation, which is the sole general partner of the Partnership, and Marital Trust I created under the Leonard Miller Amended and Restated Revocable Trust Agreement dated June 8, 2001 (the "Leonard Miller Trust Agreement"), which owns all of the outstanding voting stock of the Corporation. Stuart A. Miller is the trustee of Marital Trust I. The principal offices of the Partnership, the Corporation and Marital Trust I are located at 700 Northwest 107th Avenue, Miami, Florida, 33172. (d)-(e) None of the Partnership, the Corporation or Marital Trust I, nor any of the officers or directors of the Corporation or the Trustee of Marital Trust I, has during the last five years (i) been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in its or his being subject to a judgment, decree or final order enjoining future violations of, or which prohibited or mandated activities subject to, Federal or state securities laws or found any violation with respect to such laws. ITEM 5. INTEREST IN SECURITIES OF ISSUER. (a)-(b) The Partnership is the beneficial owner of 9,401,661 shares of Class B Common Stock of the Company, which may at any time be converted into common stock of the Company at the rate of one share of common stock for each share of Class B Common Stock that is converted. Prior to his death on July 28, 2002, Leonard Miller was the sole trustee of a revocable trust that was the sole stockholder of the Corporation. The Corporation is the sole general partner of the Partnership. Upon Leonard Miller's death, all the voting stock of the Corporation was transferred to Marital Trust I. As the sole general partner of the Partnership, the Corporation has the power to cause the Partnership to vote, or to dispose of, securities which it owns. As the sole holder of the voting stock of the Corporation, Marital Trust I indirectly has the power to cause the Partnership to vote, or to dispose of, securities which it owns. Therefore, for purposes of Section 13 under the Securities Exchange Act of 1934, as amended, each of the Partnership, the Corporation and Marital Trust I is the beneficial owner of, with shared voting and dispositive power over, a total of 9,401,661 shares of common stock of the Company. Giving effect to the conversion of all the 9,401,661 shares of Class B Common Stock into common stock, and based upon the information as to outstanding shares contained in the Company's Report on Form 10-Q for the period ended May 31, 2002, the shares of common stock of which each of the Partnership, the Corporation and Marital Trust I is the beneficial owner constitute 14.6% of the outstanding shares of common stock. Each share of Class B Common Stock entitles the holder to cast 10 votes, while each share of common stock entitles the holder to cast one vote. Therefore, the 9,401,661 shares of Class B Common Stock which the Partnership, the Corporation and Marital Trust I have the power to vote entitle them to cast a total of 94,016,610 votes, which is 61.9% of all the votes that may be cast at a meeting of the Company's stockholders. (c) During the past sixty days, none of the Partnership, the Corporation or Marital Trust I effected any transactions in the Company's common stock. (d) Susan Miller, the wife of Leonard Miller, is the income beneficiary, with limited rights to withdraw principal, of Marital Trust I and of Marital Trust II created under the Leonard Miller Revocable Trust Agreement, and is the settlor and income beneficiary of the Susan Miller Revocable Trust. Marital Page 5 of 7 Pages Trust II and the Susan Miller Revocable Trust each owns directly or indirectly limited partner interests in the Partnership. Stuart Miller, Leslie Saiontz (Stuart Miller's sister) and Jeffrey Miller (Stuart Miller's brother) and their living descendents are income beneficiaries, with in some instances limited rights with regard to principal, of trusts which own directly or indirectly limited partner interests in the Partnership. (e) Not applicable. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit A -- Joint Filing Agreement dated August 7, 2002 Page 6 of 7 Pages SIGNATURE After reasonable inquiry and to the best of knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: August 7, 2002 MARITAL TRUST I UNDER LEONARD MILLER AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001 By /s/ Stuart A. Miller ---------------------------------- Stuart A. Miller, Trustee LMM FAMILY CORPORATION By /s/ Stuart A. Miller ---------------------------------- Stuart A. Miller, President LMM FAMILY PARTNERSHIP, L.P. By LMM FAMILY CORP., its general partner By /s/ Stuart A. Miller ---------------------------------- Stuart A. Miller, President Page 7 of 7 Pages EX-99.A 3 y62808cexv99wa.txt JOINT FILING AGREEMENT EXHIBIT A JOINT FILING AGREEMENT JOINT FILING AGREEMENT In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including amendments thereto) with respect to the Common Stock, par value $0.10 per share, of Lennar Corporation, and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement this 7th day of August 2002. LMM FAMILY PARTNERSHP, L.P. By: LMM Family Corp. its General Partner By: /s/ Stuart A. Miller ---------------------------------------- Name: Stuart A. Miller Title: President LMM FAMILY CORP. By: /s/ Stuart A. Miller ---------------------------------------- Name: Stuart A. Miller Title: President MARITAL TRUST I CREATED UNDER THE LEONARD MILLER AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001 By: /s/ Stuart A. Miller ---------------------------------------- Name: Stuart A. Miller Title: Trustee 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: August 7, 2002 LMM FAMILY PARTNERSHP, L.P. By: LMM Family Corp. its General Partner By: /s/ Stuart A. Miller ---------------------------------------- Name: Stuart A. Miller Title: President LMM FAMILY CORP. By: /s/ Stuart A. Miller ---------------------------------------- Name: Stuart A. Miller Title: President MARITAL TRUST I CREATED UNDER THE LEONARD MILLER AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001 By: /s/ Stuart A. Miller ---------------------------------------- Name: Stuart A. Miller Title: Trustee KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints David W. Bernstein, his true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, to sign in any and all capacities any and all amendments to this Statement on Schedule 13D and to file the same with all exhibits thereto and other documents in connection therewith with the Securities and Exchange Commission, granting to such attorneys-in-fact and agents, and each of them, full power and authority to do all such other acts and execute all such other documents as they, or any of them, may deem necessary or desirable in connection with the foregoing, as fully as the undersigned might or could do in person, hereby ratifying and confirming all that such attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof. LMM FAMILY PARTNERSHP, L.P. By: LMM Family Corp. its General Partner By: /s/ Stuart A. Miller ---------------------------------------- Name: Stuart A. Miller Title: President LMM FAMILY CORP. By: /s/ Stuart A. Miller ---------------------------------------- Name: Stuart A. Miller Title: President MARITAL TRUST I CREATED UNDER THE LEONARD MILLER AMENDED AND RESTATED REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001 By: /s/ Stuart A. Miller ---------------------------------------- Name: Stuart A. Miller Title: Trustee Dated: August 7, 2002 -----END PRIVACY-ENHANCED MESSAGE-----