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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1311370	Lazard Ltd	LAZ	Investment Advice (6282)	980437848

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1287727	Ashish Bhutani	C/O Lazard Ltd 30 Rockefeller Plaza New York NY 10020	Ceo Of Lazard Asset Management	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2014-02-18	62,159	$0.00	484,600	No	4	M	Direct
Class A Common Stock	Disposition	2014-02-18	32,056	$0.00	452,544	No	4	F	Direct
Class A Common Stock	Disposition	2014-02-18	121,061	$45.15	331,483	No	4	S	Direct
Class A Common Stock	Disposition	2014-02-19	24,886	$45.15	306,597	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units	Disposition	2014-02-18	62,159	$0.00	62,159	$0.00
Class A Common Stock	Performance-based Restricted Stock Units	Acquisiton	2014-02-20	21,200	$0.00	21,200	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
84,339	2014-02-18	2014-02-18	No	4	M	Direct
42,400			No	4	A	Direct

Footnotes

Shares of Class A common stock were acquired upon the vesting of Restricted Stock Units.
Represents shares of Class A common stock withheld by the Company to cover estimated taxes arising from the vesting of Restricted Stock Units.
Each Restricted Stock Unit, and each Performance-based Restricted Stock Unit (the performance conditions of which have been satisfied), represented or represent, respectively, a contingent right to receive one share of Class A common stock.
Represents the portion of the Performance-based Restricted Stock Units granted on March 12, 2013 for which Lazard Ltd's Compensation Committee has determined satisfaction of, and which are no longer subject to, the applicable performance conditions based on the Company's performance during fiscal year 2013. Does not include Performance-based Restricted Stock Units granted that have performance conditions which have not yet been satisfied.
The Performance-based Restricted Stock Units granted on March 12, 2013 will vest in two tranches: 33.33% on March 2, 2015 and the other 66.67% on March 1, 2016.