0001209191-24-004817.txt : 20240313 0001209191-24-004817.hdr.sgml : 20240313 20240313173052 ACCESSION NUMBER: 0001209191-24-004817 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240311 FILED AS OF DATE: 20240313 DATE AS OF CHANGE: 20240313 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: JACOBS KENNETH M CENTRAL INDEX KEY: 0001073157 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32492 FILM NUMBER: 24747121 MAIL ADDRESS: STREET 1: C/O LAZARD LTD STREET 2: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Lazard, Inc. CENTRAL INDEX KEY: 0001311370 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] ORGANIZATION NAME: 02 Finance IRS NUMBER: 980437848 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10112 BUSINESS PHONE: (212) 632-6000 MAIL ADDRESS: STREET 1: 30 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10112 FORMER COMPANY: FORMER CONFORMED NAME: Lazard Ltd DATE OF NAME CHANGE: 20041213 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2024-03-11 0 0001311370 Lazard, Inc. LAZ 0001073157 JACOBS KENNETH M C/O LAZARD, INC. 30 ROCKEFELLER PLAZA NEW YORK NY 10112 1 0 0 0 0 Common Stock 2024-03-11 4 M 0 321025 A 2303722 D Common Stock 2024-03-11 4 D 0 160000 39.20 D 2143722 D Performance-based Restricted Participation Units 2024-03-11 4 M 0 321025 D Common Stock 321025 0 D Shares of Common Stock were acquired upon the exchange of a prior grant of Performance-based Restricted Participation Units ("PRPUs") into shares of Common Stock. Amount excludes 584,279 shares of Common Stock indirectly beneficially owned by the reporting person by trust and 220,026 restricted participation units directly or indirectly beneficially owned by the reporting person. Represents shares of Common Stock sold to the Company to cover estimated taxes arising from the exchange of the PRPUs referenced in Footnote (1). Represents the average of the high and low price of Common Stock on the New York Stock Exchange on the date of the exchange of the PRPUs referenced in Footnote (1). Represents a prior grant of PRPUs awarded with respect to compensation for 2020 for which performance and other conditions have been satisfied. The grant at target was previously reflected in the Company's proxy statement for the relevant year. Each PRPU (the performance and other conditions of which have been satisfied) represents an interest in Lazard Group LLC that may be exchanged for one share of Common Stock. /s/ Kenneth M. Jacobs by Shari L. Soloway under a P of A 2024-03-13