SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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AMENDMENT NO. 8
TO
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(RULE 13D-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A)
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LNR PROPERTY CORPORATION
(Name of Issuer)
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COMMON STOCK, PAR VALUE $0.10 PER SHARE
(Title of Class of Securities)
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501940100
(Cusip Number)
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DAVID W. BERNSTEIN, ESQ.
CLIFFORD CHANCE US LLP
31 WEST 52ND STREET
NEW YORK, NEW YORK 10019
(212) 878-8000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
--------------------------
NOVEMBER 16, 2004
(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 4 Pages
CUSIP No. 501940100 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
STUART A. MILLER
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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
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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
US
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NUMBER OF 7. SOLE VOTING POWER
SHARES 9,376,895
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BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY
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EACH 9. SOLE DISPOSITIVE POWER
REPORTING 9,376,895
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PERSON WITH 10. SHARED DISPOSITIVE POWER
7,188,631
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,376,895
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.3%
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14. TYPE OF REPORTING PERSON
IN
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Page 2 of 4
Item 5. Interest in Securities of the Issuer.
Item 5 is amended by adding at the end of the text responding to
paragraphs (a) and (b) the following:
On November 16, 2004, Stuart A. Miller owned 409,833 shares of common
stock (including 210,000 restricted shares and 83 shares he holds through the
Company's savings plan) and 100,000 shares of Class B common stock, and held
options to purchase 199,855 shares of common stock, of which options to purchase
95,898 shares were exercisable or would become exercisable within 60 days.
On November 16, 2004, Stuart A. Miller transferred 200,000 shares of
common stock to the Fund and in exchange the Fund transferred 200,000 shares of
Class B common stock to Stuart A. Miller. Immediately thereafter, the Fund
transferred those 200,000 shares of common stock to The Miller Family
Foundation. This transaction reduced the total number of shares of which Stuart
A. Miller is the beneficial owner to 9,376,895 shares.
Giving effect to the conversion into common stock of all the shares of
Class B common stock held by Stuart A. Miller or of which he has the sole power
to direct the vote and the disposition and the exercise of all the options held
by Stuart A. Miller which were exercisable on November 16, 2004, or would become
exercisable within 60 days after that, and based upon the information as to
outstanding shares contained in the Company's Quarterly Report on Form 10-Q for
the quarter ended August 31, 2004 (20,094,779 shares of common stock), the
shares of common stock of which Stuart A. Miller is the beneficial owner
constitute 32.3% of the outstanding shares of 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: November 16, 2004
/s/ Stuart A. Miller
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Stuart A. Miller
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