Lazard, Inc. — Director's Dealing 2010

Mar 8, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2010-03-08

Reporting Person: Parr Gary (Director, Vice Chairman)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A common stock	175000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class II Interests of LAZ-MD Holdings LLC	$		Class A Common Stock (515045)		Direct
Restricted Stock Units	$		Class Common Stock (1372428)		Direct

Footnotes

F1: The Class II Interests of LAZ-MD Holdings are exchangeable on a one for one basis for Class A common stock of Lazard Ltd. By their terms these Class II Interests shall become exchangeable on May 10, 2010.

F2: Of the 1,372,428 Restricted Stock Units listed, 144,870 vest on March 31, 2010; 289,301 vest on March 31, 2011; 665,590 vest on August 31, 2012; 45,360 vest on March 1, 2012; and 227,307 vest on March 1, 2013.

F3: Each Restricted Stock Unit represents a contingent right to receive one share of Class A common stock of Lazard Ltd.