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