Alexander F. Stern - 01 Sep 2022 Form 4 Insider Report for Lazard Ltd (LAZ)

Role
President
Signature
Alexander F. Stern by Scott D. Hoffman under a P of A
Issuer symbol
LAZ
Transactions as of
01 Sep 2022
Net transactions value
-$1,999,250
Form type
4
Filing time
06 Sep 2022, 17:51:24 UTC
Previous filing
02 Jun 2022
Next filing
01 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZ Class A Common Stock Other $1,999,250 -55,000 -36% $36.35 99,258 01 Sep 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 1, 2022, the reporting person entered into a stock purchase agreement with Lazard Group LLC, a wholly owned subsidiary of the issuer, pursuant to which the reporting person agreed to sell 55,000 shares of Class A Common Stock of the issuer to Lazard Group LLC at a purchase price equal to $36.35 per share, which price represented the New York Stock Exchange closing price of Class A Common Stock on August 31, 2022.