0001209191-20-015652.txt : 20200303 0001209191-20-015652.hdr.sgml : 20200303 20200303185347 ACCESSION NUMBER: 0001209191-20-015652 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200228 FILED AS OF DATE: 20200303 DATE AS OF CHANGE: 20200303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: JACOBS KENNETH M CENTRAL INDEX KEY: 0001073157 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32492 FILM NUMBER: 20684825 MAIL ADDRESS: STREET 1: C/O LAZARD LTD STREET 2: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Lazard Ltd CENTRAL INDEX KEY: 0001311370 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 980437848 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: CLARENDON HOUSE STREET 2: 2 CHURCH STREET CITY: HAMILTON STATE: D0 ZIP: HM II BUSINESS PHONE: (441) 295-1422 MAIL ADDRESS: STREET 1: CLARENDON HOUSE STREET 2: 2 CHURCH STREET CITY: HAMILTON STATE: D0 ZIP: HM II 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-02-28 0 0001311370 Lazard Ltd LAZ 0001073157 JACOBS KENNETH M C/O LAZARD LTD 30 ROCKEFELLER PLAZA NEW YORK NY 10112 1 1 0 0 Chairman and CEO Restricted Class A Common Stock 2020-02-28 4 M 0 3128 A 169236 D Restricted Class A Common Stock 2020-03-02 4 M 0 123957 D 45279 D Class A Common Stock 2020-03-02 4 M 0 123957 A 1443764 D Class A Common Stock 584279 I By Trust Restricted Stock Units 2020-02-28 4 A 0 3128 A Class A Common Stock 3128 3128 D Restricted Stock Units 2020-02-28 4 M 0 3128 D Restricted Class A Common Stock 3128 0 D Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of underlying Performance-based Restricted Stock Unit ("PRSU") awards are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreements), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreements until the original vesting dates set forth therein. Shares of unrestricted Class A Common Stock were acquired upon the vesting of a prior grant of PRSUs awarded with respect to compensation for 2016, including certain RSUs that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award. The grant was previously reflected in the Company's proxy statements. The PRSUs and RSUs that had been acquired pursuant to the award had previously been converted into shares of Restricted Class A Common Stock in connection with the reporting person's retirement eligibility and such shares remained subject to vesting. Amount excludes 47,917 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person. Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of underlying PRSU awards. Each RSU represents a contingent right to receive one share of Class A Common Stock. Of these RSUs, 1,849 vested on March 2, 2020 and 1,279 will vest on or around March 1, 2021. /s/ Kenneth M. Jacobs by Scott D. Hoffman under a P of A 2020-03-03