Lazard Ltd 4
4 · Lazard Ltd · Filed Dec 4, 2007
Insider Transaction Report
Form 4
Lazard LtdLAZ, LDZ
Wasserstein Bruce
DirectorChairman & CEO
Transactions
- Award
Restricted Stock Units
2007-11-30+1,208.648→ 654,684.345 total→ Class A Common Stock (1,208.648 underlying) - Gift
Class A common stock
2007-11-06−26,942→ 1,549,095 total
Footnotes (4)
- [F1]The Wasserstein family trust also holds 329,500 shares of Lazard Class A common stock. The trust is maintained for the benefit of Mr. Wasserstein's family. Mr Wasserstein does not have voting control or dispositive power over the corpus of the trust. Mr. Ellis Jones, a member of the Lazard Ltd Board of Directors, is the trustee of this trust. Nether Mr. Wasserstein nor Mr. Jones has any beneficial or other ownwership interest in these shares.
- [F2]Additional Restricted Stock Units were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying Restricted Stock Unit Award.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of Class A common stock of Lazard Ltd.
- [F4]Of the 1,208.6481 Restricted Stock Units acquired, 874.3709 vest on March 31, 2010 and 334.2772 vest on March 31, 2011.