Lazard, Inc. — Director's Dealing 2012

Nov 1, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2012-11-01

Reporting Person: Alper Andrew M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-01	Deferred Stock Units	$	A	3257	Acquired		Class A Common Stock (3257)	Direct

Footnotes

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

F2: The Deferred Stock Units of Lazard Ltd will be converted into Lazard Ltd Class A common stock on a one-for-one basis upon the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.