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)
--------------------------
CLASS B COMMON STOCK, PAR VALUE $0.10 PER SHARE
(Title of Class of Securities)
--------------------------
526057302
(CUSIP Number)
--------------------------
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)
--------------------------
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(e), 13d-1(f) or 13d-1(g), check the following
box |_|.
1
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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
LMM FAMILY PARTNERSHIP, L.P.
--------------------------------------------------------------------------------
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
DELAWARE
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7. SOLE VOTING POWER
NUMBER OF
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 10,341,827
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
----------------------------------------------------
10. SHARED DISPOSITIVE POWER
10,341,827
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,341,827
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
63.7%
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14. TYPE OF REPORTING PERSON
PN
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2
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CUSIP No. 526057302 13D Page 3 of 12 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
LMM FAMILY CORP.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |X|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCES OF FUNDS
NOT APPLICABLE
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
|_|
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 10,602,157
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
----------------------------------------------------
10. SHARED DISPOSITIVE POWER
10,602,157
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,602,157
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
65.3%
--------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
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3
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CUSIP No. 526057302 13D Page 3 of 12 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
MARITAL TRUST I CREATED UNDER LEONARD MILLER AMENDED AND RESTATED
REVOCABLE TRUST AGREEMENT DATED JUNE 8, 2001
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |X|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. SOURCES OF FUNDS
NOT APPLICABLE
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
|_|
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 10,602,157
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
----------------------------------------------------
10. SHARED DISPOSITIVE POWER
10,602,157
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,602,157
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
65.3%
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14. TYPE OF REPORTING PERSON
OO
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4
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CUSIP No. 526057302 13D Page 5 of 12 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE MILLER CHARITABLE FUND, L.P.
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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
--------------------------------------------------------------------------------
4. SOURCES OF FUNDS
NOT APPLICABLE
--------------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
|_|
--------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
--------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF
SHARES ----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 260,330
EACH ----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
----------------------------------------------------
10. SHARED DISPOSITIVE POWER
260,330
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
260,330
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
|_|
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.6%
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14. TYPE OF REPORTING PERSON
PN
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5
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. ("Charitable")
transferred 37,000 shares of Class B common stock of the Company, as a
charitable contribution, to The Miller Foundation, Inc. As a result of this
transaction, on December 17, 2003, (i) Charitable is the beneficial owner of,
with shared voting and dispositive power over, a total of 260,330 shares of
Class B common stock of the Company, and (ii) each of the Corporation and
Marital Trust I is the beneficial owner of, with shared voting and dispositive
power over, a total of 10,602,157 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, (i) the
shares of Class B common stock of which Charitable is the beneficial owner
constitute 1.6% of the outstanding shares of Class B common stock, and (iii) the
shares of Class B common stock of which each of the Corporation and Marital
Trust I is the beneficial owner constitute 65.3% of the outstanding shares of
Class B common stock.
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POWER OF ATTORNEY
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, to sign in any and
all capacities any and all amendments to this Statement on Schedule 13D and to
file those amendments and all exhibits to them and other documents to be filed
in connection with them with the Securities and Exchange Commission.
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
LMM FAMILY PARTNERSHP, L.P.
By: LMM Family Corp.
its general partner
By: /s/ Stuart A. Miller
---------------------------------
Stuart A. Miller
President
LMM FAMILY CORP.
By: /s/ Stuart A. Miller
---------------------------------
Stuart A. Miller
President
MARITAL TRUST I CREATED UNDER THE
LEONARD MILLER AMENDED AND RESTATED
REVOCABLE TRUST AGREEMENT DATED
JUNE 8, 2001
By: /s/ Stuart A. Miller
---------------------------------
Stuart A. Miller
Trustee
7