Dominick Ragone - Feb 9, 2023 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: Feb 9, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/13/2023, 07:56 PM
Previous filing: Nov 22, 2022
Next filing: Feb 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LAZ	Restricted Class A Common Stock	Award	$0	+7.24K	+237.79%	$0.00	10.3K	Feb 9, 2023	Direct	F1, F2

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	Award		+7.24K	+33.8%		28.7K	Feb 9, 2023	Class A Common Stock	7.24K		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Restricted Class A Common Stock will vest in two tranches: approximately 33% will vest on or around March 3, 2025 and approximately 67% will vest on or around March 2, 2026.
F2	Amount excludes 16,068 shares of unrestricted Class A Common Stock directly or indirectly owned by the reporting person.
F3	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
F4	Of these RSUs, approximately 33% will vest on or around March 3, 2025 and approximately 67% will vest on or around March 2, 2026.