0001209191-24-003977.txt : 20240226 0001209191-24-003977.hdr.sgml : 20240226 20240226203315 ACCESSION NUMBER: 0001209191-24-003977 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240222 FILED AS OF DATE: 20240226 DATE AS OF CHANGE: 20240226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Russo Evan L CENTRAL INDEX KEY: 0001717489 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32492 FILM NUMBER: 24681482 MAIL ADDRESS: STREET 1: C/O LAZARD LTD, 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 2024-02-22 0 0001311370 Lazard, Inc. LAZ 0001717489 Russo Evan L C/O LAZARD, INC. 30 ROCKEFELLER PLAZA NEW YORK NY 10112 0 1 0 0 CEO of Asset Management 0 Performance-based Restricted Participation Units 2024-02-22 4 A 0 168539 A Common Stock 168539 168539 D Restricted Participation Units 2024-02-22 4 A 0 198946 A Common Stock 198946 198946 D Stock Price Performance-based Restricted Participation Units 2024-02-22 4 A 0 1000000 A Common Stock 1000000 1000000 D Represents a prior grant of Performance-based Restricted Participation Units ("PRPUs") awarded with respect to compensation for 2020 for which performance conditions have been satisfied. The grant 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. These PRPUs will vest on or around March 11, 2024. These Restricted Participation Units ("RPUs") will vest on or around March 10, 2026. Each RPU represents an interest in Lazard Group LLC that has satisfied its minimum value condition and that may be exchanged for one share of Common Stock. Represents a prior grant of Stock Price Performance-based Restricted Participation Units ("Stock Price PRPUs") awarded in 2023 for which the minimum value condition has been satisfied and are scheduled to vest on or around August 23, 2026 (200,000 Stock Price PRPUs), August 23, 2028 (400,000 Stock Price PRPUs) and August 23, 2030 (400,000 Stock-Price PRPUs), in each case, subject to achievement of stock price milestones, which have not yet been achieved. The grant was previously reflected in the Company's annual report for the relevant year. Each Stock Price PRPU represents an interest in Lazard Group LLC that may be exchanged for one share of Common Stock. These Stock Price PRPUs will vest upon the achievement of certain stock price milestones as described in the Company's annual report for the relevant year. Amount excludes 293,245 shares of Common Stock directly or indirectly owned by the reporting person. /s/ Evan L. Russo by Shari L. Soloway under a P of A 2024-02-26