| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LAZ | Class A Common Stock | Options Exercise | +39,214 | +53.4% | 112,634 | 08 Mar 2023 | Direct | F1 | ||
| transaction | LAZ | Class A Common Stock | Disposed to Issuer | $-1,439,041 | -38,893 | -34.5% | $37.00 | 73,741 | 08 Mar 2023 | Direct | F2, F3, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LAZ | Restricted Participation Rights | Options Exercise | -39,214 | -100% | 0 | 08 Mar 2023 | Class A Common Stock | 39,214 | Direct | F1, F5, F6 |
| Id | Content |
|---|---|
| F1 | Shares of Class A Common Stock were acquired upon the exchange of a prior grant of Restricted Participation Units ("PRU") into shares of Class A Common Stock. |
| F2 | Represents shares of Class A Common Stock sold to the Company to cover estimated taxes arising from the exchange of PRUs referenced in Footnote (1). |
| F3 | Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the exchange date of the PRUs referenced in Footnote (1). |
| F4 | Amount excludes 77,636 restricted stock units directly or indirectly beneficially owned by the reporting person. |
| F5 | Represents a prior grant of PRUs awarded with respect to compensation for 2019 for which service and other conditions have been satisfied. |
| F6 | Each PRU represents an interest in Lazard Group LLC that may be exchanged for one share of Class A Common Stock. |