Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

(e) On February 28, 2020, the Compensation Committee (the "Committee") of the Board of Directors of Lennar Corporation (the "Company") approved 2020 award agreements under the Company's 2016 Incentive Compensation Plan relating to incentive compensation for Stuart Miller, the Company's Executive Chairman, Rick Beckwitt, the Company's Chief Executive Officer and a Director, Jonathan Jaffe, the Company's President and a Director, Diane Bessette, the Company's Vice President, Chief Financial Officer and Treasurer, and Jeff McCall, the Company's Executive Vice President. The award agreements describe cash bonus opportunities based on the achievement of specified performance goals. Copies of the award agreements are filed as Exhibit 10.1 hereto.

In addition, on February 28, 2020, the Committee approved 2020 award agreements under the Company's 2016 Equity Incentive Plan under which Mr. Miller, Mr. Beckwitt, Mr. Jaffe, Ms. Bessette and Mr. McCall were granted target awards of 106,934, 94,795, 83,214, 14,501, 12,429 shares of Class A common stock, respectively, that are subject to performance-based vesting conditions, and 106,934, 94,795, 83,214, 14,501, 12,429 shares of Class A common stock, respectively, that are subject to service-based vesting conditions. A copy of the form of award agreement is filed as Exhibit 10.2 hereto.

Item 9.01. Financial Statements and Exhibits.




(d) Exhibits.

 Exhibit
   No.                                 Description of Document

   10.1            2020 Award Agreements under the Company's 2016 Incentive
                 Compensation Plan for Mr. Miller, Mr. Beckwitt, Mr. Jaffe,
                 Ms. Bessette and Mr. McCall.

   10.2            Form of 2020 Award Agreement under the Company's 2016 Equity
                 Incentive Plan for Mr. Miller, Mr. Beckwitt, Mr. Jaffe, Ms. Bessette
                 and Mr. McCall.

   104           Cover Page Interactive Data File - the cover page XBRL tags are
                 embedded within the inline XBRL document.

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