0001209191-20-032424.txt : 20200527
0001209191-20-032424.hdr.sgml : 20200527
20200527190355
ACCESSION NUMBER: 0001209191-20-032424
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200522
FILED AS OF DATE: 20200527
DATE AS OF CHANGE: 20200527
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: 20916596
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
2020-05-22
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
2020-05-22
4
M
0
859
A
28214
D
Restricted Class A Common Stock
2020-05-22
4
M
0
458
D
27756
D
Class A Common Stock
2020-05-22
4
M
0
458
A
829213
D
Class A Common Stock
2020-05-22
4
F
0
458
25.58
D
828755
D
Restricted Stock Units
2020-05-22
4
A
0
859
A
Class A Common Stock
859
859
D
Restricted Stock Units
2020-05-22
4
M
0
859
D
Restricted Class A Common Stock
859
0
D
Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award 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 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 agreement until the original vesting date 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 the trading day immediately preceding the settlement date of the RSUs referenced in Footnote (1).
Amount excludes 30,609 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 the underlying PRSU award.
Each RSU represents a contingent right to receive one share of Class A Common Stock.
These RSUs will vest on or around March 1, 2021.
/s/ Ashish Bhutani by Scott D. Hoffman under a P of A
2020-05-27