SEC Form 4 · accession 0001311370-17-000021

Lazard, Inc. · LAZ

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

Reporting owner

Officer — Chief Operating Officer

Period of report

Mar 1, 2017

Accepted (ET)

Mar 3, 2017 · 5:33 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, 2017	M	161,985	—	A	276,184	D
Class A Common Stock^F2,F3	Mar 1, 2017	D	79,794	$43.06	D	196,390	D
Class A Common Stock^F4,F3	Mar 1, 2017	S	30,206	$43.06	D	166,184	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance-based Restricted Stock Units^F1,F5	—	Mar 1, 2017	M	145,328	D	Mar 1, 2017	Mar 1, 2017	Class A Common Stock	145,328	69,778	D
Restricted Stock Units^F1,F6	—	Mar 1, 2017	M	16,657	D	Mar 1, 2017	Mar 1, 2017	Class A Common Stock	16,657	31,570	D

F1Shares of Class A Common Stock were acquired upon the vesting of a prior grant of Performance-based Restricted Stock Units ("PSRUs") awarded with respect to compensation for 2013, including certain Restricted Stock Units ("RSUs") that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award. The grant was previously reflected in the Company's proxy statements.
F2Represents shares of Class A Common Stock sold to the Company to cover estimated taxes arising from the settlement of PRSUs and RSUs.
F3Represents the New York Stock Exchange closing price of Class A Common Stock on February 28, 2017, the trading day immediately preceding the transaction date.
F4Represents shares of Class A Common Stock sold to the Company.
F5Each PRSU (the performance conditions of which have been satisfied) represents a contingent right to receive one share of Class A Common Stock.
F6Each RSU represents a contingent right to receive one share of Class A Common Stock.