Lazard, Inc. — Director's Dealing 2016

Nov 22, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2016-11-18

Reporting Person: Hoffman Scott D (General Counsel)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-18	Restricted Stock Units	$	A	1677	Acquired		Class A Common Stock (1677)	Direct

Footnotes

F1: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying Performance-based Restricted Stock Unit ("PRSU") awards.

F2: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F3: Of these RSUs, 480 will vest on or around March 1, 2017, 486 will vest on or around March 1, 2018, and 711 will vest on or around March 1, 2019.

F4: Amount excludes 30,424 shares of Class A Common Stock and 33,518 PRSUs beneficially owned by the reporting person.