Alexander F. Stern - Sep 1, 2022 Form 4 Insider Report for Lazard Ltd (LAZ)

Role: President
Signature: Alexander F. Stern by Scott D. Hoffman under a P of A
Stock symbol: LAZ
Transactions as of: Sep 1, 2022
Transactions value $: -$1,999,250
Form type: 4
Date filed: 9/6/2022, 05:51 PM
Previous filing: Jun 2, 2022
Next filing: Dec 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LAZ	Class A Common Stock	Other	-$2M	-55K	-35.65%	$36.35	99.3K	Sep 1, 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.

Content

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.