0001209191-24-003419.txt : 20240215
0001209191-24-003419.hdr.sgml : 20240215
20240215194745
ACCESSION NUMBER: 0001209191-24-003419
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240213
FILED AS OF DATE: 20240215
DATE AS OF CHANGE: 20240215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gathy Michael
CENTRAL INDEX KEY: 0001995399
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32492
FILM NUMBER: 24645475
MAIL ADDRESS:
STREET 1: C/O LAZARD LTD
STREET 2: 30 ROCKEFELLER PLAZA
CITY: NEW YORK
STATE: NY
ZIP: 10112
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
2024-02-13
0
0001311370
Lazard, Inc.
LAZ
0001995399
Gathy Michael
C/O LAZARD, INC.
30 ROCKEFELLER PLAZA
NEW YORK
NY
10112
0
1
0
0
Chief Accounting Officer
0
Common Stock
2024-02-13
4
M
0
662
A
662
D
Common Stock
2024-02-13
4
F
0
277
38.55
D
385
D
Common Stock
2024-02-14
4
S
0
385
37.22
D
0
D
Restricted Stock Units
2024-02-13
4
M
0
662
D
2024-02-13
2024-02-13
Common Stock
662
5074
D
Shares of Common Stock were acquired by the Reporting Person upon the vesting of the relevant portion of prior grants of Restricted Stock Units ("RSUs").
Represents shares of Common Stock withheld by the issuer to cover taxes arising from the vesting of RSUs referenced in Footnote (1).
Represents the New York Stock Exchange closing price of Common Stock on the trading day immediately preceding the vesting date of the RSUs referenced in Footnote (1).
In connection with the vesting of RSUs, the issuer permitted its employees to make an election during an open trading window while not in possession of material non-public information for an independent broker to sell shares of Common Stock in multiple transactions on the open market at prevailing market prices from February 14, 2024 through March 1, 2024. The Reporting Person irrevocably committed to sell an aggregate of 385 shares of Common Stock in accordance with the foregoing procedures.
Estimated price per share based on the New York Stock Exchange closing price of Common Stock on February 14, 2024, the first day of execution by the independent broker of the trading procedures described in Footnote (4). The Reporting Person undertakes to amend this report following the final determination of the sale prices of the Common Stock sold in this transaction.
Each RSU represents a contingent right to receive one share of Common Stock.
As previously announced by the issuer in a Current Report on Form 8-K filed on February 1, 2024, the issuer accelerated vesting of certain deferred incentive compensation awards, including the Reporting Person's RSUs reported herein, which were originally scheduled to vest March 1, 2024.
/s/ Michael Gathy by Shari L. Soloway under a P of A
2024-02-15