Alper Andrew M 4
4 · Lazard Ltd · Filed Feb 17, 2023
Insider Transaction Report
Form 4
Lazard LtdLAZ
Alper Andrew M
Director
Transactions
- Award
Deferred Stock Units
2023-02-15+952→ 73,841 total→ Class A Common Stock (952 underlying)
Footnotes (2)
- [F1]The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan, as amended, in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.
- [F2]The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.