RICHARD D. PARSONS - 15 Nov 2021 Form 4 Insider Report for Lazard Ltd (LAZ)

Role
Director
Signature
/s/ Richard D. Parsons by Scott D. Hoffman under a P of A
Issuer symbol
LAZ
Transactions as of
15 Nov 2021
Net transactions value
$0
Form type
4
Filing time
17 Nov 2021, 17:22:50 UTC
Previous filing
15 Nov 2021
Next filing
30 Nov 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LAZ Deferred Stock Units Award $0 +894 +1.2% $0.000000 75,613 15 Nov 2021 Class A Common Stock 894 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan, as amended, in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.
F2 The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.