Lazard, Inc. — Director's Dealing 2012

Sep 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2012-08-31

Reporting Person: Parr Gary (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-31	Class A common stock	M	701082	—	Acquired	1343000	Direct
2012-08-31	Class A common stock	F	322498	$28.13	Disposed	1020502	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-31	Restricted Stock Units	$	M	701082	Disposed	2012-08-31	Class A common stock (701082)	Direct

Footnotes

F1: The shares of Class A common stock were acquired upon the vesting of Restricted Stock Units.

F2: Amount includes 1,288,255 shares of unrestricted Class A common stock and 54,745 shares of restricted Class A common stock. Amount excludes (i) 150,045 shares of Class A common stock issuable upon exchange of 150,045 Class II Interests of LAZ-MD Holdings LLC that are held by the reporting person and (ii) 539,451 Restricted Stock Units (including a right to a grant of Restricted Stock Units).

F3: Shares of Class A common stock withheld by the Company to cover estimated taxes.

F4: Amount includes 965,757 shares of unrestricted Class A common stock and 54,745 shares of restricted Class A common stock. Amount excludes (i) 150,045 shares of Class A common stock issuable upon exchange of 150,045 Class II Interests of LAZ-MD Holdings LLC that are held by the reporting person and (ii) 539,451 Restricted Stock Units (including a right to a grant of Restricted Stock Units).

F5: Each Restricted Stock Unit represented a contingent right to receive one share of Class A common stock of Lazard Ltd.

F6: Amount includes right to grant of 36,496 Restricted Stock Units and 502,955 previously granted Restricted Stock Units.