Lazard, Inc. — Director's Dealing 2023

Mar 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard Ltd (LAZ)
CIK: 0001311370
Period of Report: 2023-03-01

Reporting Person: RAGONE DOMINICK (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-01	Class A Common Stock	M	8310	—	Acquired	24378	Direct
2023-03-01	Restricted Class A Common Stock	M	3046	—	Disposed	7342	Direct
2023-03-01	Class A Common Stock	M	3046	—	Acquired	27424	Direct
2023-03-01	Class A Common Stock	F	2801	$37.36	Disposed	24623	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-01	Restricted Stock Units	$	M	8310	Disposed	2023-03-01	Class A Common Stock (8310)	Direct

Footnotes

F1: Shares of unrestricted Class A Common Stock were acquired upon the vesting of the relevant portion of prior grants of Restricted Stock Units ("RSUs") and Restricted Class A Common Stock, including certain RSUs and Restricted Class A Common Stock that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying awards.

F2: Includes 3,046 shares of Restricted Class A Common Stock inadvertently omitted from Table I, Column 5 of the most recent Form 4 of the Reporting Person, filed with the Securities and Exchange Commission on February 28, 2023.

F3: Represents shares of Class A Common Stock withheld by the Company to cover taxes arising from the vesting of RSUs referenced in Footnote (1).

F4: Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the vesting date of RSUs and Restricted Class A Common Stock referenced in Footnote (1).

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