Sec Form 4 Filing - Orszag Peter Richard @ Lazard, Inc. - 2024-03-11

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Orszag Peter Richard 2. Issuer Name and Ticker or Trading Symbol Lazard, Inc. [ LAZ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) C/O LAZARD, INC., 30 ROCKEFELLER PLAZA 3. Date of Earliest Transaction (MM/DD/YY) 03/11/2024 (Street) NEW YORK, NY10112 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/11/2024 M 77,781 A 151,522 ( 2 ) D Common Stock 03/11/2024 D 50,000 ( 3 ) D $ 39.2 ( 4 ) 101,522 ( 2 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Participation Rights ( 5 ) ( 6 ) 03/11/2024 M 77,781 ( 1 ) ( 1 ) Common Stock 77,781 ( 6 ) 138,340 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Orszag Peter Richard C/O LAZARD, INC. 30 ROCKEFELLER PLAZA NEW YORK, NY10112 X Chief Executive Officer Signatures /s/ Peter R. Orszag by Shari L. Soloway under a P of A 03/13/2024 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares of Common Stock were acquired upon the exchange of a prior grant of Restricted Participation Units ("PRU") into shares of Common Stock. ( 2 )Amount excludes 143,813 restricted stock units directly or indirectly beneficially owned by the reporting person. ( 3 )Represents shares of Common Stock sold to the Company to cover estimated taxes arising from the exchange of PRUs referenced in Footnote (1). ( 4 )Represents the average of the high and low price of Common Stock on the New York Stock Exchange on the date of the exchange of the PRUs referenced in Footnote (1). ( 5 )Represents a prior grant of PRUs awarded with respect to compensation for 2020 for which service and other conditions have been satisfied. ( 6 )Each PRU represents an interest in Lazard Group LLC that may be exchanged for one share of Common Stock.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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