SEC Form 4 · accession 0001209191-18-016895
Lazard, Inc. · LAZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Evan L Russo
Officer — Chief Financial Officer
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 6:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001311370
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Class A Common StockF1 | Mar 1, 2018 | M | 9,969 | — | D | 15,672 | D | |
| Class A Common StockF1 | Mar 1, 2018 | M | 30,564 | — | A | 82,118 | D | |
| Class A Common StockF2,F3 | Mar 1, 2018 | F | 15,900 | $53.97 | D | 66,218 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4 | — | Mar 1, 2018 | M | 20,595 | D | Mar 1, 2018 | Mar 1, 2018 | Class A Common Stock | 20,595 | 49,272 | D |
Explanation of responses
- F1Shares of Class A Common Stock were acquired upon the vesting of the relevant portion of prior grants of Restricted Stock Units ("RSUs") and Restricted Class A Common Stock, including certain RSUs that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying RSU awards.
- F2Represents shares of Class A Common Stock withheld by the Company to cover taxes arising from the vesting of RSUs and Restricted Class A Common Stock.
- F3Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the vesting date.
- F4Each RSU represents a contingent right to receive one share of Class A Common Stock.