Alexandra Soto - Feb 20, 2024 Form 4 Insider Report for Lazard, Inc. (LAZ)

Role
Chief Operating Officer
Signature
/s/ Alexandra Soto by Shari L. Soloway under a P of A
Stock symbol
LAZ
Transactions as of
Feb 20, 2024
Transactions value $
$0
Form type
4
Date filed
2/22/2024, 06:55 PM
Previous filing
Feb 12, 2024
Next filing
Feb 26, 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 Performance-based Restricted Stock Units Award +63.2K 63.2K Feb 20, 2024 Common Stock 63.2K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents prior grants of Performance-based Restricted Stock Units ("PRSUs") awarded with respect to compensation for 2020 for which performance conditions have been satisfied. This grant's performance metrics were the same as those applicable to performance-based equity awards awarded with respect to compensation for 2020 as previously reflected in the Company's proxy statement for the relevant year.
F2 Each PRSU (the performance conditions of which have been satisfied) represents a contingent right to receive one share of Common Stock.
F3 These PRSUs will vest on or around March 1, 2024.