LEGG MASON INC 4

4 · LEGG MASON INC · Filed Sep 27, 2004

Form 4

Period: 2004-09-22

Director

Transactions

Exercise/Conversion
Stock Options (Right to buy)
2004-09-22−8,266→ 0 total
Exercise: $8.84From: 1995-04-20Exp: 2005-04-19→ Common Stock (8,266 underlying)
Exercise/Conversion
Common Stock
2004-09-22$8.84/sh+8,266$73,071→ 177,703 total

Holdings

Phantom Stock
→ Common Stock (3,354.78 underlying)
3,354.78
Stock Options (Right to buy)
Exercise: $31.09From: 2001-04-24Exp: 2009-07-22→ Common Stock (8,100 underlying)
8,100
Phantom Stock
→ Common Stock (15,297.66 underlying)
15,297.66
Stock Options (Right to buy)
Exercise: $36.16From: 2003-04-22Exp: 2011-07-22→ Common Stock (2,100 underlying)
2,100
Stock Options (Right to buy)
Exercise: $24.11From: 1999-04-27Exp: 2007-07-26→ Common Stock (6,150 underlying)
6,150
Stock Options (Right to buy)
Exercise: $26.23From: 2000-04-25Exp: 2008-07-22→ Common Stock (6,601 underlying)
6,601
Phantom Stock
→ Common Stock (42,185.8 underlying)
42,185.8
Stock Options (Right to buy)
Exercise: $34.11From: 2002-04-23Exp: 2010-07-22→ Common Stock (7,500 underlying)
7,500
Stock Options (Right to buy)
Exercise: $19.57From: 1998-04-28Exp: 2005-04-27→ Common Stock (12,600 underlying)
12,600

Footnotes (7)

[F1]On September 24, 2004, the common stock of Legg Mason, Inc. split 3-for-2, resulting in the reporting person's acquisition of 59,234 additional shares.
[F2]Employee stock option cumulatively exercisable annually in 20% increments commencing on the exercisable date indicated.
[F3]The number of underlying shares and exercise price have been adjusted to give effect to a 3-for-2 stock split on September 24, 2004.
[F4]On September 24, 2004, the common stock of Legg Mason, Inc. split 3-for-2, resulting in the reporting person's acquisition of 14,061.93 additional Phantom Stock units pursuant to the Legg Mason Wood Walker, Incorporated Deferred Compensation Phantom Stock Plan.
[F5]1-for-1
[F6]On September 24, 2004, the common stock of Legg Mason, Inc. split 3-for-2, resulting in the reporting person's acquisition of 15,297.66 additional Phantom Stock units pursuant to the Legg Mason Wood Walker, Incorporated Private Client Group Deferred Compensation Plan.
[F7]On September 24, 2004, the common stock of Legg Mason, Inc. split 3-for-2, resulting in the reporting person's acquisition of 1,118.26 additional Phantom Stock units pursuant to the Legg Mason Wood Walker, Incorporated Financial Advisor Retention Plan, as amended.

Documents

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