Philip A. Laskawy - Jun 1, 2021 Form 4 Insider Report for Lazard Ltd (LAZ)

Role
Director
Signature
/s/ Philip A. Laskawy by Scott D. Hoffman under a P of A
Stock symbol
LAZ
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4
Date filed
6/3/2021, 06:17 PM
Previous filing
Jun 2, 2021
Next filing
Sep 1, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LAZ Deferred Stock Units Award $0 +3.79K +6.44% $0.00 62.6K Jun 1, 2021 Class A Common Stock 3.79K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred Stock Units ("DSUs") were awarded under Lazard Ltd's 2018 Incentive Compensation Plan, as amended, as part of the Non-Executive Director Compensation arrangement.
F2 The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.
F3 Amount excludes 3,000 shares of Class A Common Stock directly or indirectly beneficially owned by the reporting person.