X0303 4 2009-04-27 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 5261 D Common Stock 1528416 I Partnership Common Stock 2009-04-27 2009-04-27 4 J 0 1730409 0 A 1730409 D Common Stock 2009-04-27 2009-04-27 4 J 0 1730409 0 D 1730409 I Owned through three individual Grantor Annuity Trusts Stock Option (Right to Buy) 10.56 2010-04-12 Common Stock 50000 50000 D Stock Option (Right to Buy) 9.5 2013-08-25 Common Stock 30000 30000 D On April 27, 2009, the Trustee of the three Grantor Retained Annuity Trusts for the reporting person distributed 1,730,409 shares from such trusts to the reporting person, who immediately contributed such shares to new Grantor Retained Annuity Trusts. After such distribution, the reporting person has three Grantor Retained Annuity Trusts. Each of which contain 576,803 shares of Common Stock previously held by three Grantor Retained Annuity Trusts for the benefit of the reporting person. The shares are owned by a partnership of which the reporting person is a general partner. Consists of Employee Stock Options granted under the Lazare Kaplan International Inc. Long Term Incentive Plan. 50,000 options granted April 12, 2005, fully exercisable; 30,000 options granted August 25, 2008, vesting in three installments on May 31, 2009, 2010, and 2011, respectively. Maurice Tempelsman 2009-04-28