SEC Form 4 · accession 0001311370-15-000019
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
May 15, 2015
Accepted (ET)
May 19, 2015 · 7:36 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,F4,F2,F3 | — | May 15, 2015 | A | 1,578 | A | — | — | Class A common stock | 1,578 | 22,548 | 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 and RSU awards.
- F2Each RSU represents a contingent right to receive one share of Class A common stock of Lazard Ltd.
- F3Of these RSUs, 605 will vest on or around March 1, 2016, 476 will vest on or around March 1, 2017, and 497 will vest on or around March 1, 2018.
- F4Amount excludes 62,101 shares of Class A common stock of Lazard Ltd and 98,583 Performance-based Restricted Stock Units beneficially owned by the reporting person.