0001209191-18-064216.txt : 20181227 0001209191-18-064216.hdr.sgml : 20181227 20181227180645 ACCESSION NUMBER: 0001209191-18-064216 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181224 FILED AS OF DATE: 20181227 DATE AS OF CHANGE: 20181227 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hoffman Scott D CENTRAL INDEX KEY: 0001326139 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32492 FILM NUMBER: 181255493 MAIL ADDRESS: STREET 1: C/O LAZARD LLC 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 2018-12-24 0 0001311370 Lazard Ltd LAZ 0001326139 Hoffman Scott D C/O LAZARD LTD 30 ROCKEFELLER PLAZA NEW YORK NY 10112 0 1 0 0 CAO and General Counsel Restricted Class A Common Stock 2018-12-24 4 M 0 48321 A 48321 D Restricted Class A Common Stock 2018-12-24 4 M 0 25308 A 73629 D Restricted Class A Common Stock 2018-12-24 4 M 0 38863 D 34766 D Class A Common Stock 2018-12-24 4 M 0 38863 A 127597 D Class A Common Stock 2018-12-24 4 D 0 38863 34.80 D 88734 D Performance-based Restricted Stock Units 2018-12-24 4 M 0 48321 D Restricted Class A Common Stock 48321 0 D Restricted Stock Units 2018-12-24 4 M 0 25308 D Restricted Class A Common Stock 25308 0 D The reporting person has become eligible for retirement under the Company's RSU Retirement Policy, which is described in the Company's 2018 Proxy Statement. As a result of the foregoing, certain RSUs, and certain PRSUs for which the performance conditions have been satisfied, that were previously granted to the reporting person are no longer subject to the service-based vesting requirements contained in the underlying award agreements. Such RSUs and PRSUs (for which the performance conditions have been satisfied) 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 any portion that the reporting person is permitted to sell solely in order to pay the related taxes (in accordance with the applicable award agreements), will remain subject to all restrictive covenants contained in the underlying award agreements until the original vesting dates set forth in the award agreements. Represents the portion of the Restricted Class A Common Stock that the reporting person is permitted to sell solely in order to pay the related taxes (in accordance with the applicable award agreements). Represents shares of Class A Common Stock sold to the Company to cover estimated taxes arising from the settlement of PRSUs and RSUs. Represents the New York Stock Exchange closing price of Class A Common Stock on December 21, 2018, the trading day immediately preceding the settlement date of the PRSUs and RSUs referenced in Footnote (1). Represents prior grants of PRSUs awarded with respect to compensation for 2015 and 2016 for which performance conditions have been satisfied. These grants were previously reflected in the Company's proxy statements for the relevant years. Represents RSUs previously acquired pursuant to the dividend equivalent reinvestment provisions of underlying PRSU awards. /s/ Scott D. Hoffman 2018-12-27