William M. Lewis Jr. - 01 Jun 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
Issuer symbol: LAZ
Transactions as of: 01 Jun 2022
Net transactions value: $0
Form type: 3
Filing time: 08 Jun 2022, 21:29:04 UTC
Next filing: 17 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LAZ	Class A Common Stock						109,904	01 Jun 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							01 Jun 2022	Class A Common Stock	29,980		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.