0001209191-24-003864.txt : 20240222
0001209191-24-003864.hdr.sgml : 20240222
20240222185839
ACCESSION NUMBER: 0001209191-24-003864
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240213
FILED AS OF DATE: 20240222
DATE AS OF CHANGE: 20240222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gathy Michael
CENTRAL INDEX KEY: 0001995399
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32492
FILM NUMBER: 24666723
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/A
1
doc4a.xml
FORM 4/A SUBMISSION
X0508
4/A
2024-02-13
2024-02-15
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
36
37.36
D
349
D
Common Stock
2024-02-15
4
S
0
155
37.90
D
194
D
Common Stock
2024-02-16
4
S
0
76
38.03
D
118
D
Common Stock
2024-02-20
4
S
0
99
38.28
D
19
D
Common Stock
2024-02-21
4
S
0
14
37.29
D
5
D
Common Stock
2024-02-21
4
S
0
5
37.62
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. The independent broker completed the sales of all such shares of Common Stock on February 21, 2024.
This report is being filed to amend the Reporting Person's Form 4 filed on February 15, 2024, which Form 4 included an estimated transaction price.
The Reporting Person undertakes to provide the issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the price ranges set forth in this report.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 15, 2024 in trades with average execution prices ranging from $37.31 to $38.05, inclusive.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 16, 2024 in trades with average execution prices ranging from $37.73 to $38.20, inclusive.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 20, 2024 in trades with average execution prices ranging from $37.81 to $38.63, inclusive.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 21, 2024 in trades with average execution prices ranging from $37.09 to $37.50, inclusive.
The price reported in Column 4 is the weighted average price. The shares were sold in multiple transactions that were executed on February 21, 2024 in trades with average execution prices ranging from $37.51 to $38.16, inclusive.
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
2024-02-22