Michael Gathy - Mar 3, 2025 Form 4 Insider Report for Lazard, Inc. (LAZ)

Role: Chief Accounting Officer
Signature: /s/ Michael Gathy by Shari L. Soloway under a P of A
Stock symbol: LAZ
Transactions as of: Mar 3, 2025
Transactions value $: -$17,352
Form type: 4
Date filed: 3/5/2025, 04:54 PM
Previous filing: Feb 25, 2025
Next filing: Mar 17, 2025
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		+958			958	Mar 3, 2025	Direct	F1
transaction	LAZ	Common Stock	Tax liability	-$17.4K	-346	-35.93%	$50.15	617	Mar 3, 2025	Direct	F2, F3, F4

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 Unit	Options Exercise		-958	-17.86%		4.41K	Mar 3, 2025	Common Stock	958		Direct	F5, F6

* 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 vesting of the relevant portion of prior grants of Restricted Stock Units ("RSUs"), including RSUs that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying awards.
F2	Represents shares of Common Stock withheld by the Company to cover taxes arising from the vesting of RSUs referenced in Footnote (1).
F3	Represents the New York Stock Exchange closing price of Common Stock on the trading day immediately preceding the vesting date of RSUs referenced in Footnote (1).
F4	Amount includes 5 shares of Common Stock previously directly or indirectly beneficially owned by the reporting person.
F5	Each RSU represents a contingent right to receive one share of Common Stock.
F6	RSUs vested on March 3, 2025.