William M. Lewis Jr - Jun 1, 2022 Form 3 Insider Report for Lazard Ltd (LAZ)

Role
Director
Signature
/s/ William M. Lewis, Jr. by Scott D. Hoffman under a P of A
Stock symbol
LAZ
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
3
Date filed
6/8/2022, 09:29 PM
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LAZ Class A Common Stock 110K Jun 1, 2022 Direct

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
holding LAZ Restricted Participation Units Jun 1, 2022 Class A Common Stock 30K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with Mr. Lewis's retirement from Lazard, these Restricted Participation Units ("PRUs") will be eligible to be sold on or around March 1, 2023 subject to any conditions contained in the Lazard Ltd 2018 Incentive Compensation Plan or Lazard Group LLC's Amended and Restated Operating Agreement.
F2 Each PRU represents an interest in Lazard Group LLC that may be exchanged for one share of Class A Common Stock of the issuer.