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