SULLIVAN JOSEPH A (Chairman, President & CEO) reported 2 transactions at LEGG MASON, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 8/4/2020ACC: 0000704051-20-000096
DirectorOfficer· Chairman, President & CEO
Since Jul 2018
-763.48K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
5
Total transactions
763.48K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
−702.65K
Price / share
—
Trade value
—
% of position
New position
7/31/2020
702.65K→0.00
Common Stock
Indirect
Shares
−6.67K
Price / share
—
Trade value
—
% of position
New position
7/31/2020
6.67K→0.00
Total
Net shares
−709.31K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 7/31/2020 | D · Disposition | −702.65K | — | — | New position | 702.65K | 0.00 |
| Common Stock Indirect | 7/31/2020 | D · Disposition | −6.67K | — | — | New position | 6.67K | 0.00 |
| Total | −709.31K | $0.00 | ||||||
Derivative Transactions3
Stock Options (Right to buy)
Direct
Converts to
Common Stock
49.82K shares
Shares
−49.82K
Strike price
37.64
Held after
0.00
Exercisable
—
7/31/2020
Stock Options (Right to buy)
Direct
Converts to
Common Stock
336.00 shares
Shares
−336.00
Strike price
47.64
Held after
0.00
Exercisable
—
7/31/2020
Phantom Stock Units
Direct
Converts to
Common Stock
4.01K shares
Shares
−4.01K
Strike price
Held after
0.00
Exercisable
—
7/31/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy) Direct | Common Stock49.82K shares | 7/31/2020 | D · Disposition | −49.82K | 37.64 | — | 0.00 |
| Stock Options (Right to buy) Direct | Common Stock336.00 shares | 7/31/2020 | D · Disposition | −336.00 | 47.64 | — | 0.00 |
| Phantom Stock Units Direct | Common Stock4.01K shares | 7/31/2020 | D · Disposition | −4.01K | — | 0.00 |