Richard D. Parsons - 15 Feb 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
Issuer symbol
LAZ
Transactions as of
15 Feb 2024
Net transactions value
$0
Form type
4
Filing time
16 Feb 2024, 18:43:02 UTC
Previous filing
18 Dec 2023
Next filing
18 Mar 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 +1,225 +1.2% $0.000000 100,785 15 Feb 2024 Common Stock 1,225 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.