Filing Details
- Accession Number:
- 0001209191-21-017290
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-03 18:53:38
- Reporting Period:
- 2021-03-01
- Accepted Time:
- 2021-03-03 18:53:38
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1311370 | Lazard Ltd | LAZ | () | 4 |
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 10112 | 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 | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Class A Common Stock | Disposition | 2021-03-01 | 83,044 | $0.00 | 0 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2021-03-01 | 83,044 | $0.00 | 911,799 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-03-02 | 200,000 | $40.52 | 711,799 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2021-03-02 | 1,350 | $0.00 | 713,149 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2021-03-02 | 719 | $40.52 | 712,430 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | 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 | 2021-03-02 | 1,350 | $0.00 | 1,350 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2021-03-02 | 1,350 | $0.00 | 1,350 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,350 | 2021-03-02 | 2021-03-02 | No | 4 | A | Direct |
| 0 | 2021-03-02 | 2021-03-02 | No | 4 | M | Direct |
Footnotes
- Shares of unrestricted 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 2017, 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. The PRSUs and RSUs that had been acquired pursuant to the award had previously been converted into shares of Restricted Class A Common Stock in connection with the reporting person's retirement eligibility and such shares remained subject to vesting.
- 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.
- Represents shares of Class A Common Stock withheld by the Company to cover taxes arising from the vesting of RSUs referenced in Footnote (7).
- Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the vesting date of the RSUs referenced in Footnote (7).
- Amount excludes 85,889 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 PRSUs described in Footnote (1) that were outstanding on the dividend record date and vested March 1, 2021. These RSUs vested on March 2, 2021.
- Each RSU represents a contingent right to receive one share of Class A Common Stock.
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