SEC Form 4 · accession 0001311370-15-000037
Lazard, Inc. · LAZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ashish Bhutani
Officer — CEO of Lazard Asset Management · Director
Period of report
Nov 13, 2015
Accepted (ET)
Nov 17, 2015 · 6:24 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,F4,F2,F3 | — | Nov 13, 2015 | A | 2,302 | A | — | — | Class A Common Stock | 2,302 | 17,279 | 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 awards.
- F2Each RSU represents a contingent right to receive one share of Class A common stock of Lazard Ltd.
- F3Of these RSUs, 1,059 will vest on or around March 1, 2016, 650 will vest on or around March 1, 2017, and 593 will vest on or around March 1, 2018.
- F4Amount excludes 380,426 shares of Class A common stock of Lazard Ltd and 143,606 Performance-based Restricted Stock Units beneficially owned by the reporting person.