Jay Sylvia 4
4 · Lazard Ltd · Filed May 3, 2021
Insider Transaction Report
Form 4
Lazard LtdLAZ
Jay Sylvia
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2021-04-29+62,128→ 62,128 total - Exercise/Conversion
Deferred Stock Units
2021-04-29−62,128→ 0 total→ Class A Common Stock (62,128 underlying)
Footnotes (2)
- [F1]On April 29, 2021, the reporting person retired from the Board of Directors of Lazard Ltd. The reporting person acquired shares of Class A common stock upon the settlement of Deferred Stock Units ("DSUs") that had been awarded to the reporting person under Lazard Ltd's 2018 Incentive Compensation Plan, 2008 Incentive Compensation Plan and 2005 Equity Incentive Plan as part of the Non-Executive Director Compensation arrangement.
- [F2]The DSUs were converted into Class A common stock on a one-for-one basis.