Form 4 for LAZ Lazard, Inc.
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001209191-24-004335 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-05 | 2024-03-01 | LAZ | Soto Alexandra | COO | M - OptEx | — | +76.0K | 176.8K | +75% | — |
| D | 2024-03-05 | 2024-03-01 | LAZ | Soto Alexandra | COO | F - Tax | $38.54 | -35.7K | 141.1K | -20% | -$1.38M |
| DM | 2024-03-05 | 2024-03-01 | LAZ | Soto Alexandra | COO | M - OptEx | — | -76.0K | 0 | -100% | — |
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 | Common Stock | 2024-03-01 | M | A | 63,169 | — | 164,016 | D | — | — | (F1) Shares of Common Stock were acquired upon the vesting of a prior grant of Performance-based Restricted Stock Units ("PRSUs") awarded with respect to compensation for 2020, including certain Restricted Stock Units ("RSUs") that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award. This grant's performance metrics were the same as those applicable to performance-based equity awards awarded with respect to compensation for 2020 as previously reflected in the Company's proxy statement for the relevant year. |
| 2 | Common | Common Stock | 2024-03-01 | M | A | 12,834 | — | 176,850 | D | — | — | (F2) Shares of Common Stock were acquired upon the vesting of the relevant portion of prior grants of RSUs, including certain RSUs that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying RSU awards. |
| 3 | Common | Common Stock | 2024-03-01 | F | D | 35,722 | $38.54 | 141,128 | D | — | — | (F3) Represents shares of Common Stock withheld by the Company to cover taxes arising from the vesting of PRSUs and RSUs referenced in Footnotes (1) and (2). (F4) Represents the New York Stock Exchange closing price of Common Stock on the trading day immediately preceding the vesting date of the PRSUs and RSUs referenced in Footnotes (1) and (2). |
| 4 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 12,834 | — | 148,224 | D | — · 2024-03-01 to 2024-03-01 | 12,834 Common Stock | (F6) Each RSU represents a contingent right to receive one share of Common Stock. |
| 5 | Derivative | Performance-based Restricted Stock Units | 2024-03-01 | M | D | 63,169 | — | 0 | D | — · 2024-03-01 to 2024-03-01 | 63,169 Common Stock | (F5) Each PRSU (the performance conditions of which have been satisfied) represents a contingent right to receive one share of Common Stock. |