Mignon Laurent 4
4 · Lazard Ltd · Filed May 16, 2013
Insider Transaction Report
Form 4
Lazard LtdLAZ
Mignon Laurent
Director
Transactions
- Award
Deferred Stock Units
2013-05-15+854→ 30,554 total→ Class A Common Stock (854 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 quarterly cash fees.
- [F2]The Deferred Stock Units will be converted into Lazard Ltd Class A common stock on a one-for-one basis upon the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.