SEC Form 4 · accession 0001311370-16-000107
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 18, 2016
Accepted (ET)
Nov 22, 2016 · 6:11 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,F3,F4 | — | Nov 18, 2016 | A | 3,105 | A | — | — | Class A Common Stock | 3,105 | 32,270 | 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.
- F2Amount excludes 447,916 shares of Class A Common Stock and 56,177 PRSUs beneficially owned by the reporting person.
- F3Each RSU represents a contingent right to receive one share of Class A Common Stock.
- F4Of these RSUs, 832 will vest on or around March 1, 2017, 760 will vest on or around March 1, 2018, and 1,513 will vest on or around March 1, 2019.