Lewis William M Jr 4
4 · Lazard Ltd · Filed Mar 10, 2023
Insider Transaction Report
Form 4
Lazard LtdLAZ
Lewis William M Jr
Director
Transactions
- Exercise/Conversion
Restricted Participation Units
2023-03-08−29,980→ 0 total→ Class A Common Stock (29,980 underlying) - Exercise/Conversion
Class A Common Stock
2023-03-08+29,980→ 139,884 total
Footnotes (4)
- [F1]Shares of Class A Common Stock were acquired upon the exchange of a prior grant of Restricted Participation Units ("PRU") into shares of Class A Common Stock.
- [F2]Amount excludes 6,675 Deferred Stock Units directly or indirectly owned by the reporting person.
- [F3]Represents a prior grant of PRUs eligible to be sold.
- [F4]Each PRU represents an interest in Lazard Group LLC that may be exchanged for one share of Class A Common Stock.