Key facts
- This page summarizes Kenneth M. Jacobs's Form 4 filing for Lazard, Inc. (LAZ).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 26 Feb 2024, 20:36.
Kenneth M. Jacobs - 22 Feb 2024 Form 4 Insider Report for Lazard, Inc. (LAZ)
- Reporting relationship
- Chairman and CEO, Director
- Issuer ticker
- LAZ
- Reported as of
- 22 Feb 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 26 Feb 2024, 20:36:58 UTC
- Prior SEC filing
- 10 Mar 2023
- Next SEC filing
- 13 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kenneth M. Jacobs by Shari L. Soloway under a P of A
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kenneth M. Jacobs filed Form 4 for Lazard, Inc. (LAZ) on 26 Feb 2024.
Change
- Previous filing in this sequence was filed on 10 Mar 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LAZ
transaction
Derivative
Performance-based Restricted Participation Units
Award
- Transaction value
- Shares
- +321,025
- Change %
- Price
- Shares after
- 321,025
- Date
- 22 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 321,025
- Exercise price
- Footnotes
- F1, F2, F3
LAZ
transaction
Derivative
Restricted Participation Units
Award
- Transaction value
- Shares
- +220,026
- Change %
- Price
- Shares after
- 220,026
- Date
- 22 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 220,026
- Exercise price
- Footnotes
- F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Represents a prior grant of Performance-based Restricted Participation Units ("PRPUs") awarded with respect to compensation for 2020 for which performance conditions have been satisfied. The grant was previously reflected in the Company's proxy statement for the relevant year.
Footnote F2
Each PRPU (the performance and other conditions of which have been satisfied) represents an interest in Lazard Group LLC that may be exchanged for one share of Common Stock.
Footnote F3
These PRPUs will vest on or around March 11, 2024.
Footnote F4
These Restricted Participation Units ("RPUs") will vest on or around March 10, 2026.
Footnote F5
Each RPU represents an interest in Lazard Group LLC that has satisfied its minimum value condition and that may be exchanged for one share of Common Stock.
Footnote F6
Amount excludes 2,566,976 shares of Common Stock directly or indirectly beneficially owned by the reporting person.