SEC Form 4 · accession 0000704051-15-000035
LEGG MASON, INC. · LM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ursula Schliessler
Officer — CAO
Period of report
Apr 30, 2015
Accepted (ET)
May 4, 2015 · 3:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000704051
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 15,893 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Apr 30, 2015 | D | 2,656 | D | — | — | Common Stock | 2,656 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | Apr 30, 2015 | D | 4,597 | D | — | — | Common Stock | 4,597 | 0 | D |
| Restricted Stock UnitsF2,F5 | — | Apr 30, 2015 | D | 3,028 | D | — | — | Common Stock | 3,028 | 0 | D |
| Restricted Stock UnitsF2,F6 | — | Apr 30, 2015 | D | 2,696 | D | — | — | Common Stock | 2,696 | 0 | D |
Explanation of responses
- F1In connection with the vesting of certain restricted stock unit awards on April 30, 2015, the reporting person elects herewith to report on Table I all restricted stock units held by the reporting person (previously reported in Table II on Form 3 which was filed on April 8, 2015). The following shares vested on April 30, 2015: award granted May 16, 2011 - 665 shares; award granted May 16, 2012 - 1,149 shares; award granted May 16, 2013 - 757 shares; award granted May 16, 2014 - 674 shares.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3Restricted stock units vest serially over four years and commenced on April 30, 2012.
- F4Restricted stock units vest serially over four years and commenced on April 30, 2013.
- F5Restricted stock units vest serially over four years and commenced on April 30, 2014.
- F6Restricted stock units vest serially over four years and commenced on April 30, 2015.