Sec Form 4 Filing - Chen Tian Qiao @ LEGG MASON, INC. - 2016-06-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Chen Tian Qiao
2. Issuer Name and Ticker or Trading Symbol
LEGG MASON, INC. [ LM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
8 STEVENS ROAD
3. Date of Earliest Transaction (MM/DD/YY)
06/22/2016
(Street)
SINGAPORE, U0257819
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/22/2016 S 16,000 D $ 32.1065 10,510,153 I See Footnote ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chen Tian Qiao
8 STEVENS ROAD
SINGAPORE, U025 7819
X
Shanda Media LTD
8 STEVENS ROAD
SINGAPORE, U0257819
X
Premium Lead Co Ltd.
8 STEVENS ROAD
SINGAPORE, U0257819
X
Shanda Technology Overseas Capital Co.
8 STEVENS ROAD
SINGAPORE, U0257819
X
Shanda Payment Investment Ltd
8 STEVENS ROAD
SINGAPORE, U0257819
X
Signatures
/s/ Tianqiao Chen 06/24/2016
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Media Limited 06/24/2016
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Premium Lead Company Limited 06/24/2016
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Technology Overseas Capital Company Limited 06/24/2016
Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Payment Investment Limited 06/24/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The securities disclosed in this Form 4 are directly held by Shanda Payment Investment Limited. Mr. Tianqiao Chen is the sole shareholder of Shanda Media Limited. Shanda Media Limited owns 70% of all outstanding and issued shares of Premium Lead Company Limited which is the sole shareholder of Shanda Technology Overseas Capital Company Limited. Shanda Technology Overseas Capital Company Limited is the sole shareholder of Shanda Payment Investment Limited. Therefore each of Mr. Tianqiao Chen, Shanda Media Limited, Premium Lead Company Limited, Shanda Technology Overseas Capital Company Limited and Shanda Payment Investment Limited may be deemed to be the beneficial owners of such securities.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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