Dominick Ragone - Mar 1, 2022 Form 4 Insider Report for Lazard Ltd (LAZ)

Role
Chief Accounting Officer
Signature
/s/ Dominick Ragone by Scott D. Hoffman under a P of A
Stock symbol
LAZ
Transactions as of
Mar 1, 2022
Transactions value $
-$297,353
Form type
4
Date filed
3/3/2022, 06:58 PM
Previous filing
Mar 1, 2022
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZ Class A Common Stock Options Exercise +9.59K +153.88% 15.8K Mar 1, 2022 Direct F1
transaction LAZ Restricted Class A Common Stock Options Exercise -8.85K -59.36% 6.06K Mar 1, 2022 Direct F1
transaction LAZ Class A Common Stock Options Exercise +8.85K +55.95% 24.7K Mar 1, 2022 Direct F1
transaction LAZ Class A Common Stock Tax liability -$297K -8.6K -34.86% $34.58 16.1K Mar 1, 2022 Direct F2, F3

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 Restricted Stock Units Options Exercise -9.59K -39.89% 14.4K Mar 1, 2022 Class A Common Stock 9.59K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of unrestricted Class A Common Stock were acquired upon the vesting of the relevant portion of prior grants of Restricted Stock Units ("RSUs") and Restricted Class A Common Stock, including certain RSUs and Restricted Class A Common Stock that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying awards.
F2 Represents shares of Class A Common Stock withheld by the Company to cover taxes arising from the vesting of RSUs referenced in Footnote (1).
F3 Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the vesting date of RSUs and Restricted Class A Common Stock referenced in Footnote (1).
F4 Each RSU represents a contingent right to receive one share of Class A Common Stock.