4//SEC Filing
Stern Alexander F. 4
Accession 0001209191-22-015979
CIK 0001311370other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 8:04 PM ET
Size
9.6 KB
Accession
0001209191-22-015979
Insider Transaction Report
Form 4
Lazard LtdLAZ
Stern Alexander F.
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-03-01+220,788→ 348,365 total - Disposition to Issuer
Class A Common Stock
2022-03-01$34.58/sh−69,107$2,389,720→ 279,258 total - Exercise/Conversion
Performance based Restricted Participation Units
2022-03-01−220,788→ 52,516 total→ Class A Common Stock (220,788 underlying)
Footnotes (5)
- [F1]Shares of Class A Common Stock were acquired upon the exchange of a prior grant of Performance-based Restricted Participation Units ("PRPUs") into shares of Class A Common Stock.
- [F2]Represents shares of Class A Common Stock sold to the Company to cover estimated taxes arising from the exchange of the PRPUs referenced in Footnote (1).
- [F3]Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the exchange date of the PRPUs referenced in Footnote (1).
- [F4]Represents a prior grant of PRPUs awarded with respect to compensation for 2018 for which performance and other conditions have been satisfied. The grant at target was previously reflected in the Company's proxy statement for the relevant year.
- [F5]Each PRPU (the performance and other conditions of which have been satisfied) represents an interest in Lazard Group LLC that may be exchanged for one share of Class A Common Stock.
Documents
Issuer
Lazard Ltd
CIK 0001311370
Entity typeother
Related Parties
1- filerCIK 0001450474
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 8:04 PM ET
- Size
- 9.6 KB