Filing Details
- Accession Number:
- 0001209191-20-015686
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-03 19:10:00
- Reporting Period:
- 2020-02-28
- Accepted Time:
- 2020-03-03 19:10:00
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1450474 | F. Alexander Stern | C/O Lazard Ltd 30 Rockefeller Plaza New York NY 10112 | President | No | 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 | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2020-03-02 | 137,848 | $0.00 | 421,443 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2020-03-02 | 22,079 | $0.00 | 443,522 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-03-02 | 78,301 | $35.82 | 365,221 | No | 4 | D | Direct | |
| Class A Common Stock | Disposition | 2020-03-03 | 50,000 | $37.95 | 315,221 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | 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 | Acquisiton | 2020-02-28 | 3,230 | $0.00 | 3,230 | $0.00 |
| Class A Common Stock | Performance-based Restricted Stock Units | Disposition | 2020-03-02 | 137,848 | $0.00 | 137,848 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2020-03-02 | 22,079 | $0.00 | 22,079 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 33,550 | No | 4 | A | Direct | ||
| 38,961 | 2020-03-02 | 2020-03-02 | No | 4 | M | Direct |
| 11,471 | 2020-03-02 | 2020-03-02 | No | 4 | M | Direct |
Footnotes
- Shares of Class A Common Stock were acquired upon the vesting of a prior grant of Performance-based Restricted Stock Units ("PRSUs") awarded with respect to compensation for 2016, including certain Restricted Stock Units ("RSUs") that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award. The grant was previously reflected in the Company's proxy statements.
- Represents shares of Class A Common Stock sold to the Company to cover estimated taxes arising from the vesting of PRSUs and RSUs.
- Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the vesting date of PRSUs and RSUs referenced in Footnote (1).
- Represents shares of Class A Common Stock sold to the Company.
- Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the transaction date.
- Amount excludes 31,010 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.
- Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of underlying PRSU awards.
- Each RSU represents a contingent right to receive one share of Class A Common Stock.
- Of these RSUs, 2,072 vested on or around March 2, 2020 and 1,158 will vest on or around March 1, 2021.
- Each PRSU (the performance conditions of which have been satisfied) represents a contingent right to receive one share of Class A Common Stock.
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