Richard D. Parsons - 15 Aug 2022 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 Aug 2022
Transactions value $
$0
Form type
4
Filing time
17 Aug 2022, 17:29:02
Previous filing
16 Jun 2022
Next filing
16 Sep 2022
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 +1.08K +1.28% $0.00 85.1K 15 Aug 2022 Class A Common Stock 1.08K 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.