Dominick Ragone - Feb 24, 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 24, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/28/2023, 04:17 PM
Previous filing: Feb 13, 2023
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LAZ	Restricted Class A Common Stock	Award		+99	+1.37%		7.34K	Feb 24, 2023	Direct	F1, F2, F3

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		+391	+1.36%		29.1K	Feb 24, 2023	Class A Common Stock	391		Direct	F3, F4, F5, F6

* 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	Additional shares of Restricted Class A Common Stock were acquired pursuant to the dividend equivalent reinvestment provisions of underlying restricted stock awards.
F3	Amount excludes 16,068 shares of unrestricted Class A Common Stock directly or indirectly owned by the reporting person.
F4	Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards.
F5	Each RSU represents a contingent right to receive one share of Class A Common Stock.
F6	Of these RSUs, 112 will vest on or around March 1, 2023, 113 will vest on or around March 1, 2024, 99 will vest on or around March 3, 2025 and 67 will vest on or around March 2, 2026.