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Lazard, Inc. Director's Dealing 2024

Sep 5, 2024

31019_dirs_2024-09-05_9193a813-0845-4994-9b8d-e1dc30dbc158.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lazard, Inc. (LAZ)
CIK: 0001311370
Period of Report: 2024-09-03

Reporting Person: JACOBS KENNETH M (Director, Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-09-03 Common Stock S 85740 $48.05 Disposed 1555255 Direct
2024-09-03 Common Stock S 2030 $49.25 Disposed 1553225 Direct
2024-09-03 Common Stock S 69701 $48.05 Disposed 206309 Indirect
2024-09-03 Common Stock S 2030 $49.25 Disposed 204279 Indirect
2024-09-04 Common Stock S 700 $47.90 Disposed 1552525 Direct
2024-09-04 Common Stock S 28803 $48.30 Disposed 1523722 Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024.

F2: The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on September 3, 2024 in trades with average execution prices ranging from $47.66 to $48.56, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the price ranges set forth in this report.

F3: The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on September 3, 2024 in trades with average execution prices ranging from $49.08 to $49.54, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the price ranges set forth in this report.

F4: The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on September 3, 2024 in trades with average execution prices ranging from $47.65 to $48.58, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the price ranges set forth in this report.

F5: The shares are held in the Kenneth M. Jacobs 2005 GRAT, of which the Reporting Person is a co-trustee.

F6: The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on September 4, 2024 in trades with average execution prices ranging from $48.06 to $48.98, inclusive. The Reporting Person undertakes to provide the issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the price ranges set forth in this report.