Form 4 for LAZ Lazard, Inc.
Accepted 2024-08-27 00:00:00 ET · period of report 2024-08-23 · accession 0001628280-24-038568 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-08-27 | 2024-08-23+ | LAZ | JACOBS KENNETH M | Executive COB, Dir | S - Sale | $50.02 | -54.3K | 276.0K | -16% | -$2.71M |
| M | 2024-08-27 | 2024-08-23+ | LAZ | JACOBS KENNETH M | Executive COB, Dir | S - Sale | $50.02 | -88.7K | 1.73M | -5% | -$4.44M |
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 | 2024-08-23 | S | D | 1,222 | $50.01 | 329,057 | I By Trust | — | — | (F1) This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024. (F2) The shares are held in the Kenneth M. Jacobs 2005 GRAT, of which the Reporting Person is a co-trustee. |
| 2 | Common | Common Stock | 2024-08-26 | S | D | 86,728 | $50.02 | 1,640,995 | D | — | — | (F1) This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024. (F3) The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on August 26, 2024 in trades with average execution prices ranging from $50.00 to $50.135, inclusive. 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. |
| 3 | Common | Common Stock | 2024-08-26 | S | D | 53,047 | $50.02 | 276,010 | I | — | — | (F1) This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024. (F3) The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on August 26, 2024 in trades with average execution prices ranging from $50.00 to $50.135, inclusive. 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. |
| 4 | Common | Common Stock | 2024-08-23 | S | D | 1,999 | $50.01 | 1,727,723 | D By Trust | — | — | (F1) This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024. (F2) The shares are held in the Kenneth M. Jacobs 2005 GRAT, of which the Reporting Person is a co-trustee. |