Gathy Michael sold LAZ

February 14, 2024 · Form 4 insider transaction

Gathy Michael sold 385 shares of Lazard, Inc. at $37.22 per share, a transaction worth $14.3K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
385
Price
$37.22
Total value
$14.3K
Role
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 14, 2024
Filing dateFebruary 15, 2024
Shares owned after0
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

In connection with the vesting of RSUs, the issuer permitted its employees to make an election during an open trading window while not in possession of material non-public information for an independent broker to sell shares of Common Stock in multiple transactions on the open market at prevailing market prices from February 14, 2024 through March 1, 2024. The Reporting Person irrevocably committed to sell an aggregate of 385 shares of Common Stock in accordance with the foregoing procedures.; Estimated price per share based on the New York Stock Exchange closing price of Common Stock on February 14, 2024, the first day of execution by the independent broker of the trading procedures described in Footnote (4). The Reporting Person undertakes to amend this report following the final determination of the sale prices of the Common Stock sold in this transaction.

View the original Form 4 on SEC EDGAR