LAZ

SEC source: 0001209191-21-014806 · doc4.xml · nonDerivative · entry 2

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 83,044

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Represents the portion of Restricted Class A Common Stock that is converted into shares of unrestricted Class A Common Stock and retained by the Company to cover taxes required to be withheld in connection with the settlement of PRSUs.

SEC source: 0001209191-21-014806 · doc4.xml · nonDerivative · entry 1

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 145,250

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: The reporting person is eligible for retirement under the Company's Deferred Compensation Retirement Policy, which is described in the Company's 2020 Proxy Statement. The performance conditions for certain Performance-based Restricted Stock Units ("PRSUs") that were previously granted to the reporting person have been satisfied and, as a result of the reporting person's retirement eligibility, such PRSUs are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion required to be withheld in order to pay the related taxes (in accordance with the applicable award agreements), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreements until the original vesting dates set forth therein.

SEC source: 0001209191-21-012150 · doc4.xml · derivative · entry 1

Soto Alexandra · CIK 0001777410 · Exec Human Capital & Workplace

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 165,933

Underlying: Class A Common Stock · 16,197 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.

F1 · price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.

F2 · derivative.exercise_date: Of these RSUs, 5,399 will vest on or around March 1, 2023 and 10,798 will vest on or around March 1, 2024.

F2 · derivative.expiration_date: Of these RSUs, 5,399 will vest on or around March 1, 2023 and 10,798 will vest on or around March 1, 2024.

F3 · balance_after: Amount excludes 14,684 shares of Class A Common Stock directly or indirectly owned by the reporting person.

SEC source: 0001209191-21-012151 · doc4.xml · derivative · entry 1

RAGONE DOMINICK · CIK 0001442152 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,843

Underlying: Class A Common Stock · 7,935 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.

F1 · price: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.

F2 · derivative.exercise_date: Of these RSUs, 2,645 will vest on or around March 1, 2023 and 5,290 will vest on or around March 1, 2024.

F2 · derivative.expiration_date: Of these RSUs, 2,645 will vest on or around March 1, 2023 and 5,290 will vest on or around March 1, 2024.

F3 · balance_after: Amount excludes 19,892 shares of unrestricted Class A Common Stock and 17,324 shares of Restricted Class A Common Stock directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-21-012149 · doc4.xml · derivative · entry 1

Orszag Peter Richard · CIK 0001837678 · CEO of Financial Advisory

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 101,233

Underlying: Class A Common Stock · 39,214 shares

Expires not disclosed

F1 · derivative.exercise_price: These Restricted Participation Units ("RPUs") will vest on or around March 1, 2023.

F2 · price: Each RPU represents an interest in Lazard Group LLC that has satisfied its minimum value condition and that may be exchanged for one share of Class A Common Stock.

F1 · derivative.exercise_date: These Restricted Participation Units ("RPUs") will vest on or around March 1, 2023.

F1 · derivative.expiration_date: These Restricted Participation Units ("RPUs") will vest on or around March 1, 2023.

F3 · balance_after: Amount excludes 10,401 shares of Restricted Class A Common Stock and 15,981 Restricted Stock Units directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-21-012145 · doc4.xml · derivative · entry 1

PARSONS RICHARD D · CIK 0001008086 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,493

Underlying: Class A Common Stock · 1,020 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

SEC source: 0001209191-21-012137 · doc4.xml · derivative · entry 1

HAASS RICHARD N · CIK 0001123553 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,857

Underlying: Class A Common Stock · 832 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F3 · balance_after: Amount excludes 1,200 shares of Class A Common Stock directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-21-012140 · doc4.xml · derivative · entry 1

HEYER STEVEN J · CIK 0001161492 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 122,866

Underlying: Class A Common Stock · 900 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

SEC source: 0001209191-21-012142 · doc4.xml · derivative · entry 1

Mendillo Jane L · CIK 0001672424 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,504

Underlying: Class A Common Stock · 846 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F3 · balance_after: Amount excludes 1,400 shares of Class A Common Stock directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-21-012133 · doc4.xml · derivative · entry 1

Alper Andrew M · CIK 0001402373 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,996

Underlying: Class A Common Stock · 859 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

SEC source: 0001209191-20-065640 · doc4a.xml · nonDerivative · entry 2

Russo Evan L · CIK 0001717489 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 83,493

F2 · balance_after: Amount excludes 8,160 Performance-based Restricted Stock Units and 15,305 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-065640 · doc4a.xml · nonDerivative · entry 1

Russo Evan L · CIK 0001717489 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,843

F1 · shares: On December 28, 2020, 83,493 shares of Class A Common Stock held through a limited liability company were transferred to a trust of which the reporting person's immediate family members are beneficiaries.

SEC source: 0001209191-20-060321 · doc4.xml · derivative · entry 3

JACOBS KENNETH M · CIK 0001073157 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Restricted Class A Common Stock · 828 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.exercise_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.expiration_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F2 · balance_after: Amount excludes 2,028,043 shares of Class A Common Stock and 47,917 Performance-based Restricted Participation Units directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-20-060321 · doc4.xml · derivative · entry 2

JACOBS KENNETH M · CIK 0001073157 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 828

Underlying: Class A Common Stock · 828 shares

Expires not disclosed

F3 · security: Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award.

F4 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F4 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F5 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F5 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

SEC source: 0001209191-20-060321 · doc4.xml · nonDerivative · entry 1

JACOBS KENNETH M · CIK 0001073157 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,287

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F2 · balance_after: Amount excludes 2,028,043 shares of Class A Common Stock and 47,917 Performance-based Restricted Participation Units directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-20-060324 · doc4.xml · derivative · entry 1

Soto Alexandra · CIK 0001777410 · Exec Human Capital & Workplace

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 149,736

Underlying: Class A Common Stock · 1,888 shares

Expires not disclosed

F1 · security: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F2 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F3 · derivative.exercise_date: Of these RSUs, 795 will vest on or around March 1, 2021, 843 will vest on or around March 1, 2022 and 250 will vest on or around March 1, 2023.

F3 · derivative.expiration_date: Of these RSUs, 795 will vest on or around March 1, 2021, 843 will vest on or around March 1, 2022 and 250 will vest on or around March 1, 2023.

F4 · balance_after: Amount excludes 14,684 shares of Class A Common Stock directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-060322 · doc4.xml · derivative · entry 1

Russo Evan L · CIK 0001717489 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,735

Underlying: Class A Common Stock · 330 shares

Expires not disclosed

F1 · security: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F2 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F3 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F3 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

F4 · balance_after: Amount excludes 96,336 shares of Class A Common Stock, 8,160 PRSUs and 15,305 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-060325 · doc4.xml · derivative · entry 1

Stern Alexander F. · CIK 0001450474 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,675

Underlying: Class A Common Stock · 1,178 shares

Expires not disclosed

F1 · security: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F2 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F3 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F3 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

F4 · balance_after: Amount excludes 188,221 shares of Class A Common Stock, 38,961 PRSUs and 31,010 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-060328 · doc4.xml · derivative · entry 2

RAGONE DOMINICK · CIK 0001442152 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,908

Underlying: Class A Common Stock · 278 shares

Expires not disclosed

F4 · security: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards.

F5 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F5 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F6 · derivative.exercise_date: Of these RSUs, 91 will vest on or around March 1, 2021, 115 will vest on or around March 1, 2022 and 72 will vest on or around March 1, 2023.

F6 · derivative.expiration_date: Of these RSUs, 91 will vest on or around March 1, 2021, 115 will vest on or around March 1, 2022 and 72 will vest on or around March 1, 2023.

F3 · balance_after: Amount excludes 19,892 shares of Class A Common Stock directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-060328 · doc4.xml · nonDerivative · entry 1

RAGONE DOMINICK · CIK 0001442152 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,324

F1 · security: The Restricted Class A Common Stock will vest in two tranches: approximately 33% will vest on or around March 1, 2022 and approximately 67% will vest on or around March 1, 2023.

F2 · price: Additional shares of Restricted Class A Common Stock were acquired pursuant to the dividend equivalent reinvestment provisions of underlying restricted stock awards.

F3 · balance_after: Amount excludes 19,892 shares of Class A Common Stock directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-060319 · doc4.xml · derivative · entry 3

Hoffman Scott D · CIK 0001326139 · CAO and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Restricted Class A Common Stock · 286 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.exercise_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.expiration_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F2 · balance_after: Amount excludes 76,298 shares of Class A Common Stock and 16,202 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-060319 · doc4.xml · derivative · entry 2

Hoffman Scott D · CIK 0001326139 · CAO and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 286

Underlying: Class A Common Stock · 286 shares

Expires not disclosed

F3 · security: Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award.

F4 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F4 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F5 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F5 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

SEC source: 0001209191-20-060319 · doc4.xml · nonDerivative · entry 1

Hoffman Scott D · CIK 0001326139 · CAO and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,731

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F2 · balance_after: Amount excludes 76,298 shares of Class A Common Stock and 16,202 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-060318 · doc4.xml · derivative · entry 6

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Restricted Class A Common Stock · 596 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.exercise_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.expiration_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F4 · balance_after: Amount excludes 30,609 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-060318 · doc4.xml · derivative · entry 5

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 596

Underlying: Class A Common Stock · 596 shares

Expires not disclosed

F5 · security: Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award.

F6 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F6 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F7 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F7 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

SEC source: 0001209191-20-060318 · doc4.xml · nonDerivative · entry 4

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 828,755

F2 · shares: Represents shares of Class A Common Stock retained by the Company to cover taxes required to be withheld in connection with the settlement of RSUs.

F3 · price: Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the settlement date of the RSUs referenced in Footnote (1).

F4 · balance_after: Amount excludes 30,609 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-060318 · doc4.xml · nonDerivative · entry 3

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 829,073

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Represents shares of Class A Common Stock retained by the Company to cover taxes required to be withheld in connection with the settlement of RSUs.

SEC source: 0001209191-20-060318 · doc4.xml · nonDerivative · entry 2

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,367

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

SEC source: 0001209191-20-060318 · doc4.xml · nonDerivative · entry 1

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,685

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

SEC source: 0001209191-20-059208 · doc4.xml · derivative · entry 1

PARSONS RICHARD D · CIK 0001008086 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 67,473

Underlying: Class A Common Stock · 1,156 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

SEC source: 0001209191-20-059200 · doc4.xml · derivative · entry 1

HAASS RICHARD N · CIK 0001123553 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,025

Underlying: Class A Common Stock · 943 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F3 · balance_after: Amount excludes 1,200 shares of Class A Common Stock directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-20-059204 · doc4.xml · derivative · entry 1

HEYER STEVEN J · CIK 0001161492 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 121,966

Underlying: Class A Common Stock · 1,019 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

SEC source: 0001209191-20-059206 · doc4.xml · derivative · entry 1

Mendillo Jane L · CIK 0001672424 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,658

Underlying: Class A Common Stock · 959 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F3 · balance_after: Amount excludes 1,400 shares of Class A Common Stock directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-20-059197 · doc4.xml · derivative · entry 1

Alper Andrew M · CIK 0001402373 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,137

Underlying: Class A Common Stock · 974 shares

Expires not disclosed

F1 · security: The reporting person has made an annual election to receive Deferred Stock Units ("DSUs") under Lazard Ltd's 2018 Incentive Compensation Plan in lieu of all or a portion of such reporting person's cash compensation payable pursuant to the Non-Executive Director Compensation arrangement.

F2 · derivative.exercise_price: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.exercise_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

F2 · derivative.expiration_date: The DSUs will be converted into Class A Common Stock on a one-for-one basis following the date that the reporting person resigns from, or otherwise ceases to be a member of, the Board of Directors of Lazard Ltd.

SEC source: 0001209191-20-048286 · doc4.xml · derivative · entry 3

JACOBS KENNETH M · CIK 0001073157 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Restricted Class A Common Stock · 988 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.exercise_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.expiration_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F2 · balance_after: Amount excludes 2,028,043 shares of Class A Common Stock and 47,917 Performance-based Restricted Participation Units directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-20-048286 · doc4.xml · derivative · entry 2

JACOBS KENNETH M · CIK 0001073157 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 988

Underlying: Class A Common Stock · 988 shares

Expires not disclosed

F3 · security: Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award.

F4 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F4 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F5 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F5 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

SEC source: 0001209191-20-048286 · doc4.xml · nonDerivative · entry 1

JACOBS KENNETH M · CIK 0001073157 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,459

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F2 · balance_after: Amount excludes 2,028,043 shares of Class A Common Stock and 47,917 Performance-based Restricted Participation Units directly or indirectly beneficially owned by the reporting person.

SEC source: 0001209191-20-048288 · doc4.xml · derivative · entry 1

Soto Alexandra · CIK 0001777410 · Exec Human Capital & Workplace

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 147,848

Underlying: Class A Common Stock · 2,218 shares

Expires not disclosed

F1 · security: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F2 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F3 · derivative.exercise_date: Of these RSUs, 934 will vest on or around March 1, 2021, 990 will vest on or around March 1, 2022 and 294 will vest on or around March 1, 2023.

F3 · derivative.expiration_date: Of these RSUs, 934 will vest on or around March 1, 2021, 990 will vest on or around March 1, 2022 and 294 will vest on or around March 1, 2023.

F4 · balance_after: Amount excludes 14,684 shares of Class A Common Stock directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-048287 · doc4.xml · derivative · entry 1

Russo Evan L · CIK 0001717489 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,405

Underlying: Class A Common Stock · 388 shares

Expires not disclosed

F1 · security: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F2 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F3 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F3 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

F4 · balance_after: Amount excludes 96,336 shares of Class A Common Stock, 8,160 PRSUs and 15,305 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-048289 · doc4.xml · derivative · entry 1

Stern Alexander F. · CIK 0001450474 · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,497

Underlying: Class A Common Stock · 1,385 shares

Expires not disclosed

F1 · security: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F2 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F3 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F3 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

F4 · balance_after: Amount excludes 188,221 shares of Class A Common Stock, 38,961 PRSUs and 31,010 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-048290 · doc4.xml · derivative · entry 2

RAGONE DOMINICK · CIK 0001442152 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,630

Underlying: Class A Common Stock · 326 shares

Expires not disclosed

F4 · security: Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards.

F5 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F5 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F6 · derivative.exercise_date: Of these RSUs, 106 will vest on or around March 1, 2021, 135 will vest on or around March 1, 2022 and 85 will vest on or around March 1, 2023.

F6 · derivative.expiration_date: Of these RSUs, 106 will vest on or around March 1, 2021, 135 will vest on or around March 1, 2022 and 85 will vest on or around March 1, 2023.

F3 · balance_after: Amount excludes 19,892 shares of Class A Common Stock directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-048290 · doc4.xml · nonDerivative · entry 1

RAGONE DOMINICK · CIK 0001442152 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,215

F1 · security: The Restricted Class A Common Stock will vest in two tranches: approximately 33% will vest on or around March 1, 2022 and approximately 67% will vest on or around March 1, 2023.

F2 · price: Additional shares of Restricted Class A Common Stock were acquired pursuant to the dividend equivalent reinvestment provisions of underlying restricted stock awards.

F3 · balance_after: Amount excludes 19,892 shares of Class A Common Stock directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-048285 · doc4.xml · derivative · entry 3

Hoffman Scott D · CIK 0001326139 · CAO and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Restricted Class A Common Stock · 341 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.exercise_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.expiration_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F2 · balance_after: Amount excludes 76,298 shares of Class A Common Stock and 16,202 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-048285 · doc4.xml · derivative · entry 2

Hoffman Scott D · CIK 0001326139 · CAO and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 341

Underlying: Class A Common Stock · 341 shares

Expires not disclosed

F3 · security: Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award.

F4 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F4 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F5 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F5 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

SEC source: 0001209191-20-048285 · doc4.xml · nonDerivative · entry 1

Hoffman Scott D · CIK 0001326139 · CAO and General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,445

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion that the reporting person is permitted to sell in order to pay the related taxes (in accordance with the applicable award agreement), will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F2 · balance_after: Amount excludes 76,298 shares of Class A Common Stock and 16,202 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-048284 · doc4.xml · derivative · entry 6

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Restricted Class A Common Stock · 712 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.exercise_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F1 · derivative.expiration_date: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.

F4 · balance_after: Amount excludes 30,609 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-048284 · doc4.xml · derivative · entry 5

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 712

Underlying: Class A Common Stock · 712 shares

Expires not disclosed

F5 · security: Additional RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of the underlying PRSU award.

F6 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F6 · price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F7 · derivative.exercise_date: These RSUs will vest on or around March 1, 2021.

F7 · derivative.expiration_date: These RSUs will vest on or around March 1, 2021.

SEC source: 0001209191-20-048284 · doc4.xml · nonDerivative · entry 4

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 828,755

F2 · shares: Represents shares of Class A Common Stock retained by the Company to cover taxes required to be withheld in connection with the settlement of RSUs.

F3 · price: Represents the New York Stock Exchange closing price of Class A Common Stock on the trading day immediately preceding the settlement date of the RSUs referenced in Footnote (1).

F4 · balance_after: Amount excludes 30,609 Performance-based Restricted Participation Units directly or indirectly owned by the reporting person.

SEC source: 0001209191-20-048284 · doc4.xml · nonDerivative · entry 3

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 829,134

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Represents shares of Class A Common Stock retained by the Company to cover taxes required to be withheld in connection with the settlement of RSUs.

SEC source: 0001209191-20-048284 · doc4.xml · nonDerivative · entry 2

BHUTANI ASHISH · CIK 0001287727 · Director · CEO of Lazard Asset Management

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,089

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Restricted Stock Units ("RSUs") granted to the reporting person pursuant to the dividend equivalent reinvestment provisions of the underlying Performance-based Restricted Stock Unit ("PRSU") award are being treated as subject to taxation and have been settled in the form of Restricted Class A Common Stock. The Restricted Class A Common Stock, excluding the portion retained by the Company in order to cover taxes required to be withheld, will remain subject to all restrictive covenants and sales restrictions contained in the underlying award agreement until the original vesting date set forth therein.