Lazard, Inc. — Director's Dealing 2010

Feb 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2010-02-11

Reporting Person: Castellano Michael J (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-11	Restricted Stock Units	$	A	28579	Acquired		Class A Common Stock (28579)	Direct

Footnotes

F1: Each Restricted Stock Unit represents a contingent right to receive one share of Class A common stock of Lazard Ltd.

F2: The Restricted Stock Units granted on February 11, 2010 will vest in two tranches, 33.33% on March 1, 2012 and the other 66.66% on March 1, 2013.