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