Lazard, Inc. — Director's Dealing 2016

May 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2016-05-24

Reporting Person: Hoffman Scott D (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-24	Class A Common Stock	D	51433	$34.61	Disposed	72424	Direct

Footnotes

F1: Represents shares of Class A Common Stock sold to the Company.

F2: Represents the New York Stock Exchange closing price of Class A Common Stock on the transaction date.

F3: Amount excludes 33,518 Performance-based Restricted Stock Units and 14,483 Restricted Stock Units beneficially owned by the reporting person.