Form 4 for LAZ Lazard, Inc.
Accepted 2022-06-02 00:00:00 ET · period of report 2022-05-31 · accession 0001209191-22-033634 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-06-02 | 2022-05-31 | LAZ | Stern Alexander F. | Pres | J - Other | $35.26 | -55.0K | 154.3K | -26% | -$1.94M | |
| 2022-06-02 | 2022-05-31 | LAZ | Stern Alexander F. | Pres | S - Sale | $35.29 | -70.0K | 209.3K | -25% | -$2.47M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-05-31 | J | D | 55,000 | $35.26 | 154,258 | D | — | — | (F2) On May 31, 2022, the reporting person entered into a stock purchase agreement with Lazard Group LLC, a wholly owned subsidiary of the issuer, pursuant to which the reporting person agreed to sell 55,000 shares of Class A Common Stock of the issuer to Lazard Group LLC for a purchase price equal to $35.26 per share, which price represents the New York Stock Exchange closing price of Class A Common Stock on May 31, 2022. The transaction was completed on May 31, 2022. |
| 2 | Common | Class A Common Stock | 2022-05-31 | S | D | 70,000 | $35.29 | 209,258 | D | — | — | (F1) Reflects a weighted average purchase price of $35.29 per share, at prices ranging from $35.13 to $35.645 per share. The reporting person will provide, upon request by the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price. |