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Lazard, Inc. Director's Dealing 2016

Feb 25, 2016

31019_dirs_2016-02-25_0142b82a-a70f-4516-89c8-6d8b2c3cdcb5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2016-02-24

Reporting Person: Hoffman Scott D (General Counsel)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-02-24 Performance-based Restricted Stock Units $ A 22460 Acquired Class A common stock (22460) Direct

Footnotes

F1: Represents prior grants of Performance-based Restricted Stock Units ("PRSUs") awarded with respect to compensation for 2013 and 2014 for which performance conditions have been satisfied. These grants were previously reflected in Lazard Ltd's proxy statements for the relevant years.

F2: Each PRSU (the performance conditions of which have been satisfied) represents a contingent right to receive one share of Class A common stock of Lazard Ltd.

F3: Of these PRSUs, 11,059 will vest on or around March 1, 2017 and 11,401 will vest on or around March 1, 2018.

F4: Amount excludes 88,783 shares of Class A common stock of Lazard Ltd and 15,366 restricted stock units ("RSUs") beneficially owned by the reporting person.