SEC Form 4 · accession 0001209191-18-059327
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
Nov 16, 2018
Accepted (ET)
Nov 19, 2018 · 7:01 pm EST
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 | — | Nov 16, 2018 | A | 3,930 | A | — | — | Class A Common Stock | 3,930 | 45,129 | 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, 1,738 will vest on or around March 1, 2019, 1,247 will vest on or around March 2, 2020, and 945 will vest on or around March 1, 2021.
- F4Amount excludes 125,702 shares of Class A Common Stock and 86,411 PRSUs directly or indirectly beneficially owned by the reporting person.