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OMB Approval
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OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
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FORM 4 U. S. SECURITIES AND EXCHANGE COMMISSION
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Washington, D.C. 20549
Check this box if no [_]
longer subject to
Section 16. Form 4 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
or Form 5 obligations may continue.
See Instruction 1(b)
Filed pursuant to Section 16 (a) of the Securities Exchange Act of 1934, Section 17 (a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Issuer
Levin David G. LNR Property Corporation / LNR (Check all applicable)
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(Last) (First) (Middle) 3. IRS Identification 4. Statement for _____ Director ___ 10% Owner
Number of Month/Year __X__ Officer (give ___ Other (specify
760 N.W. 107th Avenue title below) below)
----------------------------------------- Reporting Person, if Jul-02
(Street) ------------------
an entity 5. If Amendment, Vice President
Miami FL 33172 ----------------------------------------------
----------------------------------------- (voluntary) Date of Original 7. Individual of Joint/Group Filing
(City) (State) (Zip) (Mo./Yr.) __X__ Form filed by One Reporting Person
_____ Form filed by More than One Reporting
Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security 2. Trans- 3. Transaction Code 4. Securities 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) saction (Instruction 8) Acquire (A) or Securities Form: Direct Indirect
Date Disposed of (D) Beneficially (D) or Beneficial
(Instr. 3, 4, Owned at End Indirect
and 5) of Month
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(Mo/Day/Yr) Code / V Amount / A or D / (Instr. 3 and (Instr. 4) Owner (4)
Price 4)
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Common Stock N/A N/A N/A 364 I By Savings
Plan
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Common Stock 07/26/02 P 1,000 / (A) / 1,000 I By Spouse's
$29.75 Pension Fund
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Common Stock N/A N/A N/A 23,967 D
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Restricted Common Stock (1) N/A N/A N/A 37,500 D
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Print or Type Responses)
(1) Represents shares of restricted stock. The shares vested with respect to
one-quarter of the total number of shares on January 19, 2002 (50,000), and the
remainder will vest on each of January 19, 2003, January 19, 2004 and January
19, 2005 to the extent of one-quarter of the total number of shares.
FORM 4 (continued) Table II Derivative Securites Acquired, Disposed of,
or Beneficially Owned
(e.g. puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security 2. Conver- 3. Transac- 4. Transac- 5. Number of 6. Date
(Instr. 3) sion or tion Date tion Code Derivative Exercisable
Exercise (Month/Day (Instr. 8) Securities and Exp-
Price of Year) Acquired iration Date
Deriv- (A) or (Month/Day
ative Disposed of Year)
Security (D)
Instr. 3,4,5
Code / V (A) (D) Exer/Expir.
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Common Stock Options 12.32 N/A N/A N/A 10-31-97 / 08-08-03
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Common Stock Options 9.92 N/A N/A N/A 10-31-97 / 12-22-04
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Common Stock Options 24.8125 N/A N/A N/A 10-31-98 / 10-30-07
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Common Stock Options 17.3125 N/A N/A N/A 01-01-99 / 12-14-07
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Common Stock Options 18.15625 N/A N/A N/A 01-28-01 / 01-27-10
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Common Stock Options 26.84375 N/A N/A N/A 01-17-02 / 01-16-11
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Common Stock Options 31.30 N/A N/A N/A 01-02-03 / 01-01-12
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Stock Purchase Agreement (2) 28.30 N/A N/A N/A 04-01-03 / 04-01-06
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Stock Purchase Agreement (3) 36.12 N/A N/A N/A 04-01-03 / 04-01-07
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7. Title/Amt. 8. Price of 9. Number 10. Owner- 11. Nature
of Derivative of Deriv- ship Form of Indirect
Underlying Security ative of Beneficial
Securities (Instr. 5) Securities Derivative Ownership
(Instr 3 & 4) Beneficially Securities (Instr. 4)
Owned at Beneficially
End of Owned at
Month End of
Title/Amt. (Instr. 4) Month
or # of shares (Instr. 4)
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Common Stock Options/ 19,730 N/A 19,730 D
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Common Stock Options/ 7,398 N/A 7,398 D
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Common Stock Options/ 37,500 N/A 37,500 D
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Common Stock Options/ 26,250 N/A 26,250 D
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Common Stock Options/ 10,000 N/A 10,000 D
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Common Stock Options/ 10,000 N/A 10,000 D
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Common Stock Options/ 10,000 N/A 10,000 D
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Stock Purchase Agreement/ 19,373 N/A 19,373 D
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Stock Purchase Agreement/ 10,910 N/A 10,910 D
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Explanation of Responses:
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
** Intentional misstatements or ommissions of facts constitute Federal
Criminal Violations.
See 18 U. S. C. 1001 and 15 U. S. C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, See instruction 6 for procedure.
(2) Represents a signed purchase agreement under the 2001 Senior Officer Stock
Purchase Plan. On April 1st of each year from 2003 through 2006, Mr. Levin will
make purchases of LNR common stock. These purchases will total 19,373 shares.
(3) Represents a signed purchase agreement under the 2001 Senior Officer Stock
Purchase Plan. On April 1st of each year from 2003 through 2007, Mr. Levin will
make purchases of LNR common stock. These purchases will total 10,910 shares.
/s/ David G. Levin 8/12/2002
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** Signature of Reporting Person Date
David G. Levin
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