Stern Alexander F. 4

Accession 0001209191-21-017302

CIK 0001311370other

View on SEC.gov Company Profile

Filed

Mar 2, 7:00 PM ET

Accepted

Mar 3, 6:59 PM ET

Size

21.6 KB

Accession

0001209191-21-017302

Insider Transaction Report

Form 4

Period: 2021-03-01

Lazard LtdLAZ

Stern Alexander F.

Chief Operating Officer

Transactions

Exercise/Conversion
Class A Common Stock
2021-03-01+136,364→ 324,585 total
Disposition to Issuer
Class A Common Stock
2021-03-01$38.69/sh−74,439$2,880,045→ 265,821 total
Exercise/Conversion
Class A Common Stock
2021-03-02+1,756→ 217,577 total
Exercise/Conversion
Restricted Stock Units
2021-03-01−15,675→ 0 total
From: 2021-03-01Exp: 2021-03-01→ Class A Common Stock (15,675 underlying)
Award
Restricted Stock Units
2021-03-02+1,756→ 1,756 total
From: 2021-03-02Exp: 2021-03-02→ Class A Common Stock (1,756 underlying)
Exercise/Conversion
Class A Common Stock
2021-03-01+15,675→ 340,260 total
Sale
Class A Common Stock
2021-03-01$38.69/sh−50,000$1,934,500→ 215,821 total
Exercise/Conversion
Performance-based Restricted Stock Units
2021-03-01−136,364→ 0 total
From: 2021-03-01Exp: 2021-03-01→ Class A Common Stock (136,364 underlying)
Exercise/Conversion
Restricted Stock Units
2021-03-02−1,756→ 0 total
From: 2021-03-02Exp: 2021-03-02→ Class A Common Stock (1,756 underlying)

Footnotes (9)

[F1]Shares of Class A Common Stock were acquired upon the vesting of a prior grant of Performance-based Restricted Stock Units ("PRSUs") awarded with respect to compensation for 2017, including certain Restricted Stock Units ("RSUs") that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award. The grant was previously reflected in the Company's proxy statements.
[F2]Represents shares of Class A Common Stock sold to the Company to cover estimated taxes arising from the vesting of PRSUs and RSUs.
[F3]Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the vesting date of PRSUs and RSUs referenced in Footnote (1).
[F4]Represents shares of Class A Common Stock sold to the Company.
[F5]Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the transaction date.
[F6]Amount excludes 88,278 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.
[F7]Each PRSU (the performance conditions of which have been satisfied) represents a contingent right to receive one share of Class A Common Stock.
[F8]Each RSU represents a contingent right to receive one share of Class A Common Stock.
[F9]Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of underlying PRSUs and RSUs described in Footnote (1) above that were outstanding on the dividend record date and that vested on March 1, 2021. These RSUs vested on March 2, 2021.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Lazard Ltd

CIK 0001311370

→

Entity typeother

Related Parties

filerCIK 0001450474

Filing Metadata

Form type: 4
Filed: Mar 2, 7:00 PM ET
Accepted: Mar 3, 6:59 PM ET
Size: 21.6 KB

View on SEC.gov