Bucaille Matthieu 4
4 · Lazard Ltd · Filed Aug 22, 2017
Insider Transaction Report
Form 4
Lazard LtdLAZ
Bucaille Matthieu
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Class A Common Stock
2017-08-18+1,183→ 123,310 total - Award
Restricted Stock Units
2017-08-18+1,183→ 1,183 total→ Class A Common Stock (1,183 underlying) - Exercise/Conversion
Restricted Stock Units
2017-08-18−1,183→ 0 total→ Restricted Class A Common Stock (1,183 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 accordance 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 268,650 shares of Class A Common Stock directly or indirectly 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, 211 will vest on or around March 1, 2018, 484 will vest on or around March 1, 2019, and 488 will vest on or around March 2, 2020.