SEC Form 4 · accession 0001209191-17-049857
Lazard, Inc. · LAZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander F. Stern
Officer — Chief Operating Officer
Period of report
Aug 18, 2017
Accepted (ET)
Aug 22, 2017 · 5:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001311370
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F4,F3 | — | Aug 18, 2017 | A | 3,219 | A | — | — | Class A Common Stock | 3,219 | 37,850 | D |
Explanation of responses
- F1Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying Performance-based Restricted Stock Unit ("PRSU") awards.
- F2Each RSU represents a contingent right to receive one share of Class A Common Stock.
- F3Of these RSUs, 883 will vest on or around March 1, 2018, 1,360 will vest on or around March 1, 2019, and 976 will vest on or around March 2, 2020.
- F4Amount excludes 101,184 shares of Class A Common Stock and 69,778 PRSUs directly or indirectly beneficially owned by the reporting person.