SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -------------------------- AMENDMENT NO. 2 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 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) -------------------------- APRIL 18, 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(3), 13d-1(f) or 13d-1(g), check the following box [ ]. Page 1 of 4 Pages -------------------------------------------------------------------------------- CUSIP No. 526057104 13D Page 2 of 4 Pages -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS STUART A. MILLER -------------------------------------------------------------------------------- 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 US -------------------------------------------------------------------------------- 7. SOLE VOTING POWER NUMBER OF UNITS 337,826 -------------------------------------------------------------------------------- BENEFICIALLY 8. SHARED VOTING POWER OWNED BY -------------------------------------------------------------------------------- EACH 9. SOLE DISPOSITIVE POWER REPORTING 337,826 -------------------------------------------------------------------------------- PERSON WITH 10. SHARED DISPOSITIVE POWER -------------------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 337,826 -------------------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.6% -------------------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON IN -------------------------------------------------------------------------------- 2 This Amendment No. 2 amends and supplements the schedule 13D filed with the Securities and Exchange Comission on August 7, 2002, as previously amended, by adding the following paragraph (e) to Item 5: Item 5. Interest in Securities of the Issuer. (e) Effective April 18, 2003, the Company's Certificate of Incorporation was amended to remove the right of holders of Class B common stock to convert that stock into Class A common stock (formerly called "Common Stock"). Therefore, effective April 18, 2003, Stuart Miller's beneficial ownership of Class A common stock was reduced from 10,018,787 shares to 337,826 shares, which is less than 5% of the outstanding Class A common stock. 3 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: April 25, 2003 /s/ Stuart A. Miller _____________________________________ Stuart A. Miller 4