Lazard, Inc. — Director's Dealing 2020

Aug 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2020-08-18

Reporting Person: Stern Alexander F. (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-18	Class A Common Stock	S	64893	$31.5926	Disposed	250328	Direct
2020-08-19	Class A Common Stock	S	44380	$31.5439	Disposed	205948	Direct
2020-08-20	Class A Common Stock	S	17727	$30.9803	Disposed	188221	Direct

Footnotes

F1: Reflects a weighted average purchase price of $31.5926 per share, at prices ranging from $31.50 to $31.81 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.

F2: Reflects a weighted average purchase price of $31.5439 per share, at prices ranging from $31.44 to $31.73 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.

F3: Reflects a weighted average purchase price of $30.9803 per share, at prices ranging from $30.82 to $31.03 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.

F4: Amount excludes 13,112 Restricted Stock Units, 38,961 Performance-based Restricted Stock Units and 31,010 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.