Lazard Ltd 4

4 · Lazard Ltd · Filed May 23, 2017

Form 4

Period: 2017-05-19

Chief Financial Officer

Transactions

Exercise/Conversion
Restricted Class A Common Stock
2017-05-19+1,152→ 122,127 total
Award
Restricted Stock Units
2017-05-19+1,152→ 1,152 total
→ Class A Common Stock (1,152 underlying)
Exercise/Conversion
Restricted Stock Units
2017-05-19−1,152→ 0 total
→ Restricted Class A Common Stock (1,152 underlying)

Footnotes (5)

[F1]Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of underlying Performance-based Restricted Stock Unit ("PRSU") awards have become subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accorance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreements until the original vesting dates set forth therein.
[F2]Amount excludes 358,650 shares of Class A Common Stock beneficially owned by the reporting person.
[F3]Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of underlying PRSU awards.
[F4]Each RSU represents a contingent right to receive one share of Class A Common Stock.
[F5]Of these RSUs, 202 will vest on or around March 1, 2018, 464 will vest on or around March 1, 2019, and 486 will vest on or around March 2, 2020.

Documents

1 file