Sec Form 4 Filing - RAGONE DOMINICK @ Lazard Ltd - 2022-09-06

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 RAGONE DOMINICK 2. Issuer Name and Ticker or Trading Symbol Lazard Ltd [ LAZ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Accounting Officer (Last) (First) (Middle) C/O LAZARD LTD, 30 ROCKEFELLER PLAZA 3. Date of Earliest Transaction (MM/DD/YY) 09/06/2022 (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 Class A Common Stock 09/06/2022 M 1,015 A 17,083 D Restricted Class A Common Stock 09/06/2022 M 3,178 D 3,046 D Class A Common Stock 09/06/2022 M 3,178 A 20,261 D Class A Common Stock 09/06/2022 F 4,193 D $ 35.76( 2 ) 16,068 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 Stock Units( 3 ) ( 1 ) 09/06/2022 M 1,015 ( 1 ) ( 1 ) Class A Common Stock 1,015 ( 1 ) 21,141 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other RAGONE DOMINICK C/O LAZARD LTD 30 ROCKEFELLER PLAZA NEW YORK, NY10112 Chief Accounting Officer Signatures /s/ Dominick Ragone by Scott D. Hoffman under a P of A 09/08/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The reporting person has become eligible for retirement under the Company's Deferred Compensation Retirement Policy, which is described in the Company's 2022 Proxy Statement. As a result, certain Restricted Stock Units ("RSUs") and Restricted Class A Common Shares ("RSAs") that were previously granted to the reporting person are no longer subject to the service-based vesting requirements contained in the underlying award agreements. Such RSUs and RSAs have now become subject to taxation and a portion thereof was settled in Class A Common Stock and retained by the Company in order to cover taxes required to be withheld. The RSUs and RSAs, excluding the portion retained by the Company in order to cover taxes required to be withheld, willremain subject to all restrictive covenants and sales restrictions contained in the underlying award agreements until the original vesting dates set forth in the award agreements. ( 2 )Represents the New York Stock Exchange closing price of Class A Common Stock on September 2, 2022, the trading day immediately preceding the taxation date. ( 3 )Represents prior grants of RSUs (including RSUs previously acquired pursuant to the dividend reinvestment provisions of underlying RSUs) awarded with respect to compensation for 2019, 2020 and 2021.

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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