0001209191-17-062161.txt : 20171121
0001209191-17-062161.hdr.sgml : 20171121
20171121180753
ACCESSION NUMBER: 0001209191-17-062161
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171117
FILED AS OF DATE: 20171121
DATE AS OF CHANGE: 20171121
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: 171217977
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
2017-11-17
0
0001311370
Lazard Ltd
LAZ
0001287727
BHUTANI ASHISH
C/O LAZARD LTD
30 ROCKEFELLER PLAZA
NEW YORK
NY
10112
1
1
0
0
CEO of Lazard Asset Management
Restricted Class A Common Stock
2017-11-17
4
M
0
2255
A
51882
D
Restricted Class A Common Stock
2017-11-17
4
F
0
1260
46.00
D
50622
D
Restricted Stock Units
2017-11-17
4
A
0
2255
A
Class A Common Stock
2255
2255
D
Restricted Stock Units
2017-11-17
4
M
0
2255
D
Restricted Class A Common Stock
2255
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 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 November 16, 2017, the trading day immediately preceding the settlement date.
Amount excludes 523,456 shares of Class A Common Stock directly or indirectly 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, 318 will vest on or around March 1, 2018, 992 will vest on or around March 1, 2019, and 945 will vest on or around March 2, 2020.
/s/ Ashish Bhutani by Scott D. Hoffman under a P of A
2017-11-21