Andrew M Alper, a director of Lazard Ltd., just received 684 restricted shares from the company. The restricted shares don't become available to Alper until such time as they become vested. Alper now owns at least 35,554 restricted shares of the company.
Some additional info was provided as follows:
Deferred Stock Units ("DSUs") were awarded under Lazard Ltd's 2018 Incentive Compensation Plan as part of the Non-Executive Director Compensation arrangement.
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.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Lazard Ltd. makes a similar move, sign up!
Other recent filings from the company include the following:
Lazard Ltd.'s CAO and General Counsel just disposed of 80,000 shares - Aug. 13, 2020
Lazard Ltd. director was just granted 329 restricted shares - July 31, 2020
Lazard: Second-Quarter And First-Half 2020 Results - July 31, 2020
Entry into a Material Definitive - July 23, 2020