X0202 4 2005-03-31 0 0000202375 LAZARE KAPLAN INTERNATIONAL INC LKI 0000921663 TEMPELSMAN MAURICE 19 WEST 44TH STREET 16TH FLOOR NEW YORK NY 10036 1 1 1 0 Chairman of the Board Common Stock 2005-03-29 4 M 0 15000 7.7 A 0 D Common Stock 2005-03-29 4 F 0 9739 11.86 D 5261 D Common Stock 1730409 I 3 Grantor Retained Annuity Trusts Common Stock 1528416 I Partnership Employee Stock Options (Right to Buy) 7.7 2005-03-29 4 M 0 15000 7.7 D 2001-12-15 2005-03-31 Common Stock 15000 0 D The reporting person purchased these shares pursuant ot options granted to the reporting person on 3/31/2000. The reporting person created three Grantor Retained Annuity Trusts, which contain 432,603, 648,903, and 648,903 shares of Common Stock, respectively, previously directly held by the reporting person. The shares are owned by a partnership of which the reporting person is a general partner. Employee Stock Options Granted under the Lazare Kaplan International Inc. 1997 Long Term Stock Incentive Plan. 1/3 of the options became exercisable in three equal annual installments beginning on December 15, 2001. Maurice Tempelsman 2005-03-31