Form 4 for LAZ Lazard, Inc.

Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001209191-22-015958 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-03-03	2022-03-01	LAZ	Russo Evan L	CFO	M - OptEx	—	+109.0K	140.0K	+351%	—
D	2022-03-03	2022-03-01	LAZ	Russo Evan L	CFO	M - OptEx	—	-109.0K	33.7K	-76%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2022-03-01	M	A	108,969	—	139,973	D	—	—	(F1) Shares of Class A Common Stock were acquired upon the exchange of a prior grant of Performance-based Restricted Participation Units ("PRPUs") into shares of Class A Common Stock. (F2) Amount excludes 83,493 shares of Class A Common Stock indirectly beneficially owned by the reporting person by trust.
2	Derivative	Performance-based Restricted Participation Units	2022-03-01	M	D	108,969	—	33,674	D	— · — to —	108,969 Class A Common Stock	(F3) Represents a prior grant of PRPUs awarded with respect to compensation for 2018 for which performance and other conditions have been satisfied. The grant at target was previously reflected in the Company's proxy statement for the relevant year. (F4) Each PRPU (the performance and other conditions of which have been satisfied) represents an interest in Lazard Group LLC that may be exchanged for one share of Class A Common Stock. (F1) Shares of Class A Common Stock were acquired upon the exchange of a prior grant of Performance-based Restricted Participation Units ("PRPUs") into shares of Class A Common Stock.