Lazard, Inc. — Director's Dealing 2019

Aug 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2019-08-21

Reporting Person: Hoffman Scott D (CAO and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-21	Restricted Class A Common Stock	M	886	—	Disposed	24388	Direct
2019-08-21	Class A Common Stock	M	886	—	Acquired	184909	Direct
2019-08-21	Class A Common Stock	S	30000	$34.0432	Disposed	154909	Direct

Footnotes

F1: Represents Restricted Class A Common Stock that the reporting person is permitted to sell solely in order to pay the taxes in connection with previously reported settlements of Restricted Stock Units ("RSUs") (in accordance with the applicable award agreement).

F2: Represents shares of Class A Common Stock sold primarily to cover the remaining amount of estimated taxes arising from previously reported settlements of Performance-based Restricted Stock Units and RSUs.

F3: Reflects a weighted average purchase price of $34.0432 per share, at prices ranging from $34.00 to $34.34 per share. The reporting person will provide, upon request by the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price.