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Lazard, Inc. — Director's Dealing 2022
Mar 3, 2022
31019_dirs_2022-03-03_2264aac6-2d50-4929-811e-d06339343120.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: 2022-03-01
Reporting Person: Russo Evan L (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-01 | Class A Common Stock | M | 108969 | — | Acquired | 139973 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-01 | Performance-based Restricted Participation Units | $ | M | 108969 | Disposed | Class A Common Stock (108969) | Direct |
Footnotes
F1: Shares of Class A Common Stock were acquired upon the exchange of a prior grant of Performance-based Restricted Participation Units ("PRPUs") into shares of Class A Common Stock.
F2: Amount excludes 83,493 shares of Class A Common Stock indirectly beneficially owned by the reporting person by trust.
F3: Represents a prior grant of PRPUs awarded with respect to compensation for 2018 for which performance and other conditions have been satisfied. The grant at target was previously reflected in the Company's proxy statement for the relevant year.
F4: Each PRPU (the performance and other conditions of which have been satisfied) represents an interest in Lazard Group LLC that may be exchanged for one share of Class A Common Stock.