Lazard, Inc. — Director's Dealing 2011

Jun 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2011-06-01

Reporting Person: Turner Michael J (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-06-01	Deferred Stock Units	$	A	4359	Acquired		Class A common stock (4359)	Direct

Footnotes

F1: The Deferred Stock Units were awarded under the 2008 Incentive Compensation Plan as part of the Non-Executive Directors Compensation arrangement.

F2: The Deferred Stock Units of Lazard Ltd shall be converted into Lazard Ltd Class A common stock on a one-for-one basis upon the reporting person's retirement or resignation from the Board of Directors of Lazard Ltd.