Lazard, Inc. — Director's Dealing 2020

Dec 31, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2020-12-29

Reporting Person: Orszag Peter Richard (CEO of Financial Advisory)

Holdings (Non-Derivative)

Security	Shares	Ownership
Restricted Class A Common Stock	10401	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Participation Units	$		Class A Common Stock (62019)		Direct
Restricted Stock Units	$		Class A Common Stock (15981)		Direct

Footnotes

F1: The Restricted Class A Common Stock will vest in two tranches: approximately 33% will vest on or around March 1, 2022 and approximately 67% will vest on or around March 1, 2023.

F2: These Restricted Participation Units ("PRUs") will vest on or around March 1, 2022.

F3: Each PRU represents an interest in Lazard Group LLC that may be exchanged for one share of Class A Common Stock.

F4: These Restricted Stock Units ("RSUs") will vest on or around March 1, 2021.

F5: Each RSU represents a contingent right to receive one share of Class A Common Stock.