GOLDBERG MICHELLE J 4
4 · LEGG MASON, INC. · Filed Aug 4, 2020
Insider Transaction Report
Form 4
GOLDBERG MICHELLE J
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2020-07-31−10,620.39→ 0 total→ Common Stock (10,620.39 underlying)
Footnotes (3)
- [F1]1-for-1
- [F2]Restricted stock units acquired pursuant to and under the conditions of the Legg Mason, Inc. Non-Employee Director Equity Plan, as amended. See Appendix A to the definitive proxy statement for Legg Mason's 2013 Annual Meeting of Stockholders.
- [F3]These restricted stock units were disposed of in exchange for (i) (A) $50, multiplied by (B) the number of shares of the issuer's common stock represented by such restricted stock units immediately prior to the effective time of the merger, plus (ii) the amount of any accrued but unpaid dividend equivalent rights under such restricted stock units, net of any taxes withheld pursuant to the merger agreement.