X0202 4 2007-04-17 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 2007-04-17 2007-04-17 4 S 0 7300 7.81 D 52700 D Common Stock 2007-04-18 2007-04-18 4 S 0 100 7.80 D 52600 D Common Stock 1730409 I Three Grantor Retained Annuity Trusts Common Stock 1528416 I Partnership Stock Option (Right to Buy) Common Stock 73333 D The reporting person created three Grantor Retained Annuity Trusts, which contain 1,250,129, 166,539 and 313,741 shares of Common Stock, previously directly held by the reporting person. The shares are owned by Leon Tempelsman & Son, a New York limited partnership of which each of Maurice Tempelsman and Leon Tempelsman are sole general partners. Consists of Employee Stock Options granted under the Lazare Kaplan International Inc. Long Term Stock Incentvie Plan. Maurice Tempelsman 2007-04-19