Stern Alexander F. 4
4 · Lazard Ltd · Filed Jun 2, 2022
Insider Transaction Report
Form 4
Lazard LtdLAZ
Stern Alexander F.
Chief Operating Officer
Transactions
- Sale
Class A Common Stock
2022-05-31$35.29/sh−70,000$2,470,300→ 209,258 total - Other
Class A Common Stock
2022-05-31$35.26/sh−55,000$1,939,300→ 154,258 total
Footnotes (2)
- [F1]Reflects a weighted average purchase price of $35.29 per share, at prices ranging from $35.13 to $35.645 per share. The reporting person will provide, upon request by the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price.
- [F2]On May 31, 2022, the reporting person entered into a stock purchase agreement with Lazard Group LLC, a wholly owned subsidiary of the issuer, pursuant to which the reporting person agreed to sell 55,000 shares of Class A Common Stock of the issuer to Lazard Group LLC for a purchase price equal to $35.26 per share, which price represents the New York Stock Exchange closing price of Class A Common Stock on May 31, 2022. The transaction was completed on May 31, 2022.