0000704051-20-000095.txt : 20200804 0000704051-20-000095.hdr.sgml : 20200804 20200804193157 ACCESSION NUMBER: 0000704051-20-000095 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200731 FILED AS OF DATE: 20200804 DATE AS OF CHANGE: 20200804 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Nachtwey Peter CENTRAL INDEX KEY: 0001510019 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08529 FILM NUMBER: 201075066 MAIL ADDRESS: STREET 1: LEGG MASON, INC. STREET 2: 100 INTERNATIONAL DRIVE CITY: BALTIMORE STATE: MD ZIP: 21202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LEGG MASON, INC. CENTRAL INDEX KEY: 0000704051 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 521200960 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 100 INTERNATIONAL DRIVE CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 4105390000 MAIL ADDRESS: STREET 1: 100 INTERNATIONAL DRIVE CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: LEGG MASON INC DATE OF NAME CHANGE: 19920703 4 1 wf-form4_159658382014323.xml FORM 4 X0306 4 2020-07-31 1 0000704051 LEGG MASON, INC. LM 0001510019 Nachtwey Peter LEGG MASON, INC. 100 INTERNATIONAL DRIVE BALTIMORE MD 21202 0 1 0 0 Sr. Executive VP & CFO Common Stock 2020-07-31 4 D 0 176585.50 D 0 D Stock Options (Right to buy) 31.24 2020-07-31 4 D 0 15179 0 D 2024-05-13 Common Stock 15179.0 0 D Stock Options (Right to buy) 37.64 2020-07-31 4 D 0 28572 0 D 2025-05-15 Common Stock 28572.0 0 D These shares were disposed of pursuant to the Agreement and Plan of Merger dated as of February 17, 2020 among the issuer, Alpha Sub, Inc. and Franklin Resources, Inc. in exchange for $50 per share on the effective date of the merger. Employee stock options vest serially over four years commencing on May 31, 2017. This option was terminated and cancelled as of immediately prior to the effective time of the merger and converted into the right to receive a lump sum cash payment in an amount equal to (A) the number of shares of the issuer's Common Stock underlying such option as of immediately prior to the effective time, multiplied by (B) an amount equal to (x) $50, minus (y) the exercise price of such option, net of any taxes withheld pursuant to the merger agreement Employee stock options vest serially over four years commencing on May 31, 2018. /s/ Melissa A. Warren, Attorney-in-fact for Peter Nachtwey 2020-08-03