Lazard Growth Acquisition Corp I (LGAC) Form 3 Lazard Growth Acquisition Corp. I / Alexander F. Stern ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Stern Alexander F.

(Last) (First) (Middle)

C/O LAZARD GROWTH ACQUISITION CORP. I

30 ROCKEFELLER PLAZA

(Street)

NEW YORK NY 10112

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/09/2021

3. Issuer Name and Ticker or Trading Symbol
Lazard Growth Acquisition Corp. I [ LGAC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EXECUTIVE CHAIRMAN

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series B Membership Interests	(1)(2)	(1)(2)	Class B Ordinary Shares	100,000	(1)(2)	I(1)(2)	See footnotes(1)(2)

Explanation of Responses:

1. As described in the registration statement on Form S-1 (File No. 333-252408) of Lazard Growth Acquisition Corp. I, a Cayman Island exempted company (the "Issuer"), under the heading "Principal Shareholders", the reporting person holds all of the limited liability company interests (the "Series Membership Interests") in a series of LGACo 1 LLC, a Delaware series limited liability company and the Issuer's sponsor (the "Sponsor"), which entitles the reporting person to economic interests in respect of 100,000 Class B ordinary shares, par value $0.0001 per share (the "Founder Shares"). The Founder Shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder thereof, on a one-for-one basis, subject to adjustment for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like pursuant to certain anti-dilution rights.

2. Pursuant to the amended and restated operating agreement of the Sponsor, Lazard Group LLC, a Delaware limited liability company, is the sole manager of the Sponsor and each series thereof and, accordingly, maintains the voting rights attributable to, and the dispositive power in respect of, all of the Founder Shares underlying the Series Membership Interests. LGA HoldCo LLC, a Delaware limited liability company and the Series A Member of the Sponsor, has full power to appoint, remove or replace the sole manager of the Sponsor at any time. The reporting person disclaims beneficial ownership of any such Founder Shares except to the extent of its pecuniary interest therein.

Remarks:

	/s/ Alexander F. Stern	02/09/2021
	** Signature of Reporting Person	Date
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 5 (b)(v).
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