William M. Lewis Jr. - 08 Mar 2023 Form 4 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
08 Mar 2023
Net transactions value
$0
Form type
4
Filing time
10 Mar 2023, 17:12:41 UTC
Previous filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZ Class A Common Stock Options Exercise +29,980 +27% 139,884 08 Mar 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 Participation Units Options Exercise -29,980 -100% 0 08 Mar 2023 Class A Common Stock 29,980 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class A Common Stock were acquired upon the exchange of a prior grant of Restricted Participation Units ("PRU") into shares of Class A Common Stock.
F2 Amount excludes 6,675 Deferred Stock Units directly or indirectly owned by the reporting person.
F3 Represents a prior grant of PRUs eligible to be sold.
F4 Each PRU represents an interest in Lazard Group LLC that may be exchanged for one share of Class A Common Stock.