Peter R. Orszag - 13 Sep 2024 Form 4 Insider Report for Lazard, Inc. (LAZ)

Role
Chief Executive Officer, Director
Signature
/s/ Peter R. Orszag by Shari L. Soloway under a P of A
Issuer symbol
LAZ
Transactions as of
13 Sep 2024
Transactions value $
$-3,111,750
Form type
4
Filing time
17 Sep 2024, 17:02:56 UTC
Previous filing
20 Aug 2024
Next filing
19 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZ Common Stock Options Exercise +84,633 +83.4% 186,155 13 Sep 2024 Direct F1
transaction LAZ Common Stock Disposed to Issuer $-3,111,750 -67,500 -36.3% $46.10 118,655 13 Sep 2024 Direct F2, F3

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 Restricted Stock Units Options Exercise -84,633 -57.5% 62,461 13 Sep 2024 Common Stock 84,633 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Common Stock were acquired upon the exchange of a prior grant of Restricted Stock Units ("RSUs") into shares of Common Stock.
F2 Represents shares of Common Stock sold to the Company to cover estimated taxes and other personal expenditures.
F3 Represents the New York Stock Exchange closing price of Common Stock on the trading day immediately preceding the exchange date of the RSUs referenced in Footnote (1).
F4 Represents a prior grant of RSUs awarded for which service and other conditions have been satisfied.
F5 Each RSU represents a contingent right to receive one share of Common Stock.