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Filing Details

Accession Number:: 0001209191-24-003864
Form Type:: 4/A
Zero Holdings:: No
Publication Time:: 2024-02-22 18:58:39
Reporting Period:: 2024-02-13

Accepted Time:: 2024-02-22 18:58:39
Original Submission Date:: 2024-02-15
SEC Url:: Form 4 Filing

Issuer

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

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1995399	Michael Gathy	C/O Lazard, Inc. 30 Rockefeller Plaza New York NY 10112	Chief Accounting Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-02-13	662	$0.00	662	No	4	M	Direct
Common Stock	Disposition	2024-02-13	277	$38.55	385	No	4	F	Direct
Common Stock	Disposition	2024-02-14	36	$37.36	349	No	4	S	Direct
Common Stock	Disposition	2024-02-15	155	$37.90	194	No	4	S	Direct
Common Stock	Disposition	2024-02-16	76	$38.03	118	No	4	S	Direct
Common Stock	Disposition	2024-02-20	99	$38.28	19	No	4	S	Direct
Common Stock	Disposition	2024-02-21	14	$37.29	5	No	4	S	Direct
Common Stock	Disposition	2024-02-21	5	$37.62	0	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
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2024-02-13	662	$0.00	662	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,074	2024-02-13	2024-02-13	No	4	M	Direct

Footnotes

Shares of Common Stock were acquired by the Reporting Person upon the vesting of the relevant portion of prior grants of Restricted Stock Units ("RSUs").
Represents shares of Common Stock withheld by the issuer to cover taxes arising from the vesting of RSUs referenced in Footnote (1).
Represents the New York Stock Exchange closing price of Common Stock on the trading day immediately preceding the vesting date of the RSUs referenced in Footnote (1).
In connection with the vesting of RSUs, the issuer permitted its employees to make an election during an open trading window while not in possession of material non-public information for an independent broker to sell shares of Common Stock in multiple transactions on the open market at prevailing market prices from February 14, 2024 through March 1, 2024. The Reporting Person irrevocably committed to sell an aggregate of 385 shares of Common Stock in accordance with the foregoing procedures. The independent broker completed the sales of all such shares of Common Stock on February 21, 2024.
This report is being filed to amend the Reporting Person's Form 4 filed on February 15, 2024, which Form 4 included an estimated transaction price.
The Reporting Person undertakes to provide the issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the price ranges set forth in this report.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 15, 2024 in trades with average execution prices ranging from $37.31 to $38.05, inclusive.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 16, 2024 in trades with average execution prices ranging from $37.73 to $38.20, inclusive.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 20, 2024 in trades with average execution prices ranging from $37.81 to $38.63, inclusive.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 21, 2024 in trades with average execution prices ranging from $37.09 to $37.50, inclusive.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 21, 2024 in trades with average execution prices ranging from $37.51 to $38.16, inclusive.
Each RSU represents a contingent right to receive one share of Common Stock.
As previously announced by the issuer in a Current Report on Form 8-K filed on February 1, 2024, the issuer accelerated vesting of certain deferred incentive compensation awards, including the Reporting Person's RSUs reported herein, which were originally scheduled to vest March 1, 2024.