X0306 4 2018-03-01 0 0001311370 Lazard Ltd LAZ 0001442152 RAGONE DOMINICK C/O LAZARD LTD 30 ROCKEFELLER PLAZA NEW YORK NY 10112 0 1 0 0 Chief Accounting Officer Restricted Class A Common Stock 2018-03-01 4 M 0 2057 D 9348 D Class A Common Stock 2018-03-01 4 M 0 7960 A 12473 D Class A Common Stock 2018-03-01 4 F 0 3059 53.97 D 9414 D Restricted Stock Units 2018-03-01 4 M 0 5903 D 2018-03-01 2018-03-01 Class A Common Stock 5903 16023 D Shares of Class A Common Stock were acquired upon the vesting of the relevant portion of prior grants of Restricted Stock Units ("RSUs") and Restricted Class A Common Stock, including certain RSUs that had been acquired pursuant to the dividend equivalent reinvestment provisions of the underlying RSU awards. Represents shares of Class A Common Stock withheld by the Company to cover taxes arising from the vesting of RSUs and restricted Class A Common Stock. Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the vesting date. Each RSU represents a contingent right to receive one share of Class A Common Stock. /s/ Dominick Ragone by Scott D. Hoffman under a P of A 2018-03-05