|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
|
||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
|
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Participation Rights (5) | (6) | 03/11/2024 | M | 77,781 | (1) | (1) | Common Stock | 77,781 | (6) | 138,340 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Orszag Peter Richard C/O LAZARD, INC. 30 ROCKEFELLER PLAZA NEW YORK, NY 10112 |
X | Chief Executive Officer | ||
| /s/ Peter R. Orszag by Shari L. Soloway under a P of A | 03/13/2024 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Shares of Common Stock were acquired upon the exchange of a prior grant of Restricted Participation Units ("PRU") into shares of Common Stock. |
| (2) | Amount excludes 143,813 restricted stock units directly or indirectly beneficially owned by the reporting person. |
| (3) | Represents shares of Common Stock sold to the Company to cover estimated taxes arising from the exchange of PRUs referenced in Footnote (1). |
| (4) | Represents the average of the high and low price of Common Stock on the New York Stock Exchange on the date of the exchange of the PRUs referenced in Footnote (1). |
| (5) | Represents a prior grant of PRUs awarded with respect to compensation for 2020 for which service and other conditions have been satisfied. |
| (6) | Each PRU represents an interest in Lazard Group LLC that may be exchanged for one share of Common Stock. |