SEC Form 4 · accession 0001209191-19-017063

Lazard, Inc. · LAZ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Mar 1, 2019

Accepted (ET)

Mar 5, 2019 · 7:20 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
Class A Common Stock^F1	Mar 1, 2019	M	672	—	A	66,890	D
Class A Common Stock^F2,F3	Mar 1, 2019	F	359	$37.43	D	66,531	D
Class A Common Stock^F1	Mar 1, 2019	M	27,306	—	A	93,837	D
Restricted Class A Common Stock^F1	Mar 1, 2019	M	15,672	—	D	0	D
Class A Common Stock^F1	Mar 1, 2019	M	15,672	—	A	109,509	D
Class A Common Stock^F2,F3,F4	Mar 1, 2019	F	22,875	$37.43	D	86,634	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F5,F6,F7	—	Mar 1, 2019	A	1,661	A	—	—	Class A Common Stock	1,661	52,828	D
Restricted Stock Units^F6	—	Mar 1, 2019	M	672	D	Mar 1, 2019	Mar 1, 2019	Class A Common Stock	672	52,156	D
Restricted Stock Units^F6	—	Mar 1, 2019	M	27,306	D	Mar 1, 2019	Mar 1, 2019	Class A Common Stock	27,306	24,850	D

F1Shares of unrestricted 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, as applicable.
F3Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the vesting date of the RSUs and Restricted Class A Common Stock referenced in Footnote (1).
F4Amount excludes 4,080 Performance-based Restricted Stock Units directly or indirectly owned by the reporting person.
F5Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of underlying Performance-based Restricted Stock Unit and RSU awards.
F6Each RSU represents a contingent right to receive one share of Class A Common Stock.
F7Of these RSUs, 672 vested on March 1, 2019, 421 will vest on or around March 2, 2020, and 568 will vest on or around March 1, 2021.