Lazard, Inc. — Director's Dealing 2010

Aug 31, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2010-08-27

Reporting Person: Stern Alexander F. (Chief Operating Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-08-27	Restricted Stock Units	$	A	568	Acquired		Class A common stock (568)	Direct

Footnotes

F1: Additional Restricted Stock Units were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying Restricted Stock Unit Award.

F2: Each Restricted Stock Unit represents a contingent right to receive one share of Class A common stock of Lazard Ltd.

F3: Of the 568 Restricted Stock Units acquired: 287 vest on March 31, 2011; 59 vest on March 1, 2012; and 222 vest on March 1, 2013.