0000950157-17-000711.txt : 20170523
0000950157-17-000711.hdr.sgml : 20170523
20170523180630
ACCESSION NUMBER: 0000950157-17-000711
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170519
FILED AS OF DATE: 20170523
DATE AS OF CHANGE: 20170523
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BHUTANI ASHISH
CENTRAL INDEX KEY: 0001287727
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32492
FILM NUMBER: 17864976
4
1
form4.xml
X0306
4
2017-05-19
0001311370
Lazard Ltd
LAZ
0001287727
BHUTANI ASHISH
C/O LAZARD LTD
30 ROCKEFELLER PLAZA
NEW YORK
NY
10112
true
true
CEO of Lazard Asset Management
Restricted Class A Common Stock
2017-05-19
4
M
0
3339
A
50411
D
Restricted Class A Common Stock
2017-05-19
4
F
0
1865
43.56
D
48546
D
Restricted Stock Units
2017-05-19
4
A
0
3339
A
Class A Common Stock
3339
3339
D
Restricted Stock Units
2017-05-19
4
M
0
3339
D
Restricted Class A Common Stock
3339
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 have become 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 retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreements until the original vesting dates set forth therein.
Represents shares of Restricted Class A Common Stock retained by the Company to cover taxes required to be withheld in connection with the settlement of RSUs.
Represents the New York Stock Exchange closing price of Class A Common Stock on May 18, 2017, the trading day immediately preceding the settlement date.
Amount excludes 523,456 shares of Class A Common Stock beneficially 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, 775 will vest on or around March 1, 2018, 1,542 will vest on or around March 1, 2019, and 1,022 will vest on or around March 2, 2020.
/s/ Ashish Bhutani by Scott D. Hoffman under a P of A
2017-05-23