SEC Form 4 · accession 0001311370-17-000015

Lazard, Inc. · LAZ

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

Reporting owner

Officer — Chief Operating Officer

Period of report

Feb 23, 2017

Accepted (ET)

Feb 27, 2017 · 6:20 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.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance-based Restricted Stock Units^F1,F2,F3	—	Feb 23, 2017	A	159,463	A	—	—	Class A Common Stock	159,463	215,106	D
Restricted Stock Units^F4,F5,F7,F6	—	Feb 24, 2017	A	17,667	A	—	—	Class A Common Stock	17,667	48,227	D

F1Represents prior grants of Performance-based Restricted Stock Units ("PRSUs") awarded with respect to compensation for 2013, 2014 and 2015 for which performance conditions have been satisfied. These grants were previously reflected in Lazard Ltd's proxy statements for the relevant years.
F2Each PRSU (the performance conditions of which have been satisfied) represents a contingent right to receive one share of Class A Common Stock.
F3Of these PRSUs, 108,996 will vest on or around March 1, 2017, 19,311 will vest on or around March 1, 2018 and 31,156 will vest on or around March 1, 2019.
F4Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying PRSU awards.
F5Each RSU represents a contingent right to receive one share of Class A Common Stock.
F6Of these RSUs, 5,819 will vest on or around March 1, 2017, 3,249 will vest on or around March 1, 2018, 5,007 will vest on or around March 1, 2019 and 3,592 will vest on or around March 2, 2020.
F7Amount excludes 114,199 shares of Class A Common Stock beneficially owned by the reporting person.