SULLIVAN JOSEPH A (Chairman, President & CEO) sold 2.7% of their position (16.63K shares) of LEGG MASON, INC. on the open market
Open‑market sale worth $832.4K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 6/11/2020ACC: 0000704051-20-000062
DirectorOfficer· Chairman, President & CEO
Since Jul 2018
-16.63K
Net shares
Net seller
$832.4K
Total sold
1
Open market trades
0B · 1S
3
Total transactions
20.60K acquired · 37.24K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+20.60K
Price / share
$31.46
Trade value
$648.17K
% of position
3.5%
6/9/2020
588.99K→609.59K
Common Stock
Direct
Shares
−16.63K
Price / share
$50.04
Trade value
$832.37K
% of position
2.7%
6/9/2020
609.59K→592.96K
Total
Net shares
+3.97K
Net value
-$184.19K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/9/2020 | M · Option Exercise | +20.60K | $31.46 | $648.17K | 3.5% | 588.99K | 609.59K |
| Common Stock Direct | 6/9/2020 | S · Sale | −16.63K | $50.04 | $832.37K | 2.7% | 609.59K | 592.96K |
| Total | +3.97K | -$184.19K | ||||||
Derivative Transactions1
Stock Options (Right to buy)
Direct
Converts to
Common Stock
20.60K shares
Shares
−20.60K
Strike price
31.46
Held after
202.86K
Exercisable
—
6/9/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy) Direct | Common Stock20.60K shares | 6/9/2020 | M · Option Exercise | −20.60K | 31.46 | — | 202.86K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned6.66K
Total
6.66K indirect6.66K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 6.66K | Indirect |
| Total | 6.66K | 6.66K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported