Lazard Ltd 4/A
4/A · Lazard Ltd · Filed Jun 2, 2006
Insider Transaction Report
Form 4/AAmended
Lazard LtdLAZ, LDZ
Jones Ellis
Director
Transactions
- Award
Deferred Stock Units
2006-06-01+1,198.179→ 3,172.123 total→ Class A common stock (1,198.179 underlying)
Footnotes (4)
- [F1]The Deferred Stock Units were awarded under the 2005 Equity Incentive Plan as part of the Non-Executive Directors Compensation arrangement.
- [F2]The Deferred Stock Units of Lazard Ltd shall be converted into Lazard Ltd Class A common stock on a one-for-one basis upon the reporting person's retirement or resignation from the Board of Directors of Lazard Ltd.
- [F3]This amended Form 4 is being filed to correct a calculation error in the number of Deferred Stock Units awarded pursuant to an annual grant under Lazard Ltd's Non-Executive Directors Compensation arrangement. This corrected Form 4 supersedes the Reporting Person's Form 4 filed on June 1, 2006.
- [F4]The amount reported in column 9 does not include (a) an additional 7,978,859 shares of Class A common stock of Lazard Ltd underlying the Class II Interests of LAZ-MD Holdings LLC held by a trust that Bruce Wasserstein, the Chairman and CEO of Lazard Ltd, formed for the benefit of the Wasserstein family and of which Mr. Jones is a trustee, and (b) an additional 1,979,337 shares of Class A common stock of Lazard Ltd underlying the Class II Interests of LAZ-MD Holdings LLC held by a grantor retained annuity that Mr. Wasserstein formed and of which Mr. Jones is a trustee. Mr. Jones does not have a pecuniary interest in any of these Class II Interests of LAZ-MD Holdings LLC, and accordingly does not report holdings of the trusts on this Form.