Richard D. Parsons - Feb 15, 2024 Form 4 Insider Report for Lazard, Inc. (LAZ)

Role
Director
Signature
/s/ Richard D. Parsons by Shari L. Soloway under a P of A
Stock symbol
LAZ
Transactions as of
Feb 15, 2024
Transactions value $
$0
Form type
4
Date filed
2/16/2024, 06:43 PM
Previous filing
Dec 18, 2023
Next filing
Mar 18, 2024

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 Deferred Stock Units Award $0 +1.23K +1.23% $0.00 101K Feb 15, 2024 Common Stock 1.23K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has elected to receive Deferred Stock Units ("DSUs") in lieu of all or a portion of such reporting person's cash compensation under Lazard, Inc.'s 2018 Incentive Compensation Plan as part of the Non-Executive Director Compensation arrangement.
F2 The DSUs will be converted into Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard, Inc.