Mignon Laurent 4
4 · Lazard Ltd · Filed Feb 17, 2012
Insider Transaction Report
Form 4
Lazard LtdLAZ
Mignon Laurent
Director
Transactions
- Award
Deferred Stock Units
2012-02-15+1,069→ 19,133 total→ Class A common stock (1,069 underlying)
Footnotes (2)
- [F1]The reporting person elected to receive additional Deferred Stock Units under the Directors' Fee Deferral Unit Plan, which allows Non-Executive Directors to elect to receive additional Deferred Stock Units pursuant to either the 2005 Equity Incentive Plan or the 2008 Incentive Compensation Plan in lieu of some or all of the reporting person's quarterly cash fees.
- [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.