-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BkpGPvHe+dsRUsS960bvL4rnRAzGWj1Yd8kn6a6cnHa5dQudbVpkjq+TeGgAXLD9 Jt9lxQG8MMMFfGTFovZsFg== /in/edgar/work/20000526/0000947871-00-000399/0000947871-00-000399.txt : 20000919 0000947871-00-000399.hdr.sgml : 20000919 ACCESSION NUMBER: 0000947871-00-000399 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000526 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEGG MASON INC CENTRAL INDEX KEY: 0000704051 STANDARD INDUSTRIAL CLASSIFICATION: [6211 ] IRS NUMBER: 521200960 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-34674 FILM NUMBER: 645159 BUSINESS ADDRESS: STREET 1: 100 LIGHT ST CITY: BALTIMORE STATE: MD ZIP: 21202-1476 BUSINESS PHONE: 4105390000 MAIL ADDRESS: STREET 1: 100 LIGHT ST CITY: BALTIMORE STATE: MD ZIP: 21202-1476 424B3 1 PROSPECTUS SUPPLEMENT TO PROSPECTUS PROSPECTUS SUPPLEMENT TO PROSPECTUS DATED MAY 15, 2000 9,007,659 SHARES LEGG MASON, INC. COMMON STOCK This prospectus supplement supplements and amends the prospectus dated May 15, 2000, relating to Legg Mason's offering of up to 5,210,000 shares of our common stock, par value $.10 per share, and registering resales of up to 3,797,659 of these shares of our common stock by affiliates of Perigee Inc. Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense. ------------------ The date of this Prospectus Supplement is May 26, 2000 SELLING STOCKHOLDERS The following table provides the names of and the number of shares of our common stock beneficially owned by certain former stockholders of Perigee Inc., and the percentage of our outstanding common stock beneficially owned by each of these stockholders upon completion of the offering or offerings pursuant to this prospectus, assuming each of these stockholders offers and sells all of its or his/her respective shares. These stockholders may, however, offer and sell all, or some or none of their shares of our common stock. The selling stockholders are not making any representation that any shares covered by this prospectus will be offered for sale. The respective donees, pledgees and transferees or other successors in interest of these stockholders may also sell the shares listed below as being held by the selling stockholders. None of these stockholders will beneficially own one percent or greater of our outstanding common stock upon the sale of their shares offered hereby. We will receive no proceeds from resales of our common stock by the selling stockholders.
- --------------------------------------------------------------------------------------------------------------------- Name of Selling Stockholder Number of Shares Number of Shares Percent of Outstanding Beneficially Owned(1) Registered for Sale Shares After the Hereby Offering(2) - --------------------------------------------------------------------------------------------------------------------- Clarica Life Insurance Company 1,034,480 1,034,480 * - --------------------------------------------------------------------------------------------------------------------- D. Alex Wilson 224,034 224,034 * - --------------------------------------------------------------------------------------------------------------------- Lloyd C. Atkinson 184,212 184,212 * Sharon Atkinson (3) - --------------------------------------------------------------------------------------------------------------------- Martin R. Taylor 153,445 153,445 * - --------------------------------------------------------------------------------------------------------------------- Alexander J. Brown 148,608 148,608 * - --------------------------------------------------------------------------------------------------------------------- Gert Steffensen 148,608 148,608 * - --------------------------------------------------------------------------------------------------------------------- Stephen M. Daub 148,608 148,608 * Theresa Daub (4) - --------------------------------------------------------------------------------------------------------------------- John Chamberlain 129,258 129,258 * - --------------------------------------------------------------------------------------------------------------------- Ronald Puskarich 129,258 129,258 * - --------------------------------------------------------------------------------------------------------------------- David L. H. Yu 129,258 129,258 * - --------------------------------------------------------------------------------------------------------------------- David H. Butterfield 116,100 116,100 * - --------------------------------------------------------------------------------------------------------------------- Julie E. Kent 115,326 115,326 * - --------------------------------------------------------------------------------------------------------------------- Geoffrey W. Logan 78,174 78,174 * Susan Logan Karen Styles Cathy Logan (5) - --------------------------------------------------------------------------------------------------------------------- Stephen B. Browne 75,078 75,078 * - --------------------------------------------------------------------------------------------------------------------- S. Keith Lupton 73,530 73,530 * - --------------------------------------------------------------------------------------------------------------------- D.Walter McCormick 66,564 66,564 * Barbara McCormick Margaret McCormick J. Connor McCormick (6) - --------------------------------------------------------------------------------------------------------------------- Thomas P. Moynihan 63,855 63,855 * - --------------------------------------------------------------------------------------------------------------------- Nancy Collins 60,759 60,759 * - --------------------------------------------------------------------------------------------------------------------- Elizabeth Ng 52,276 52,276 * - --------------------------------------------------------------------------------------------------------------------- Douglas Dersch 56,115 56,115 * - --------------------------------------------------------------------------------------------------------------------- David A. Martin 54,954 54,954 * - --------------------------------------------------------------------------------------------------------------------- Richard Vandermey 54,954 54,954 * - ---------------------------------------------------------------------------------------------------------------------
S-1
- --------------------------------------------------------------------------------------------------------------------- Name of Selling Stockholder Number of Shares Number of Shares Percent of Outstanding Beneficially Owned(1) Registered for Sale Shares After the Hereby Offering(2) - --------------------------------------------------------------------------------------------------------------------- Paul M. Richardson 53,019 53,019 * - --------------------------------------------------------------------------------------------------------------------- Vincent Roy 52,632 52,632 * - --------------------------------------------------------------------------------------------------------------------- Lisa M. Caswell 50,310 50,310 * Caswell Family Trust (7) - --------------------------------------------------------------------------------------------------------------------- Shelly A. McLaughlin 47,988 47,988 * - --------------------------------------------------------------------------------------------------------------------- Alexander H. Ruus 47,988 47,988 * - --------------------------------------------------------------------------------------------------------------------- Owen D. Phillips 46,440 46,440 * - --------------------------------------------------------------------------------------------------------------------- Glen C. Rattray 42,183 42,183 * - --------------------------------------------------------------------------------------------------------------------- K. Heather Ritchie 38,700 38,700 * - --------------------------------------------------------------------------------------------------------------------- Marcel Latreille 31,192 31,192 * - --------------------------------------------------------------------------------------------------------------------- Ken Neely 26,006 26,006 * - --------------------------------------------------------------------------------------------------------------------- Stephen K. Pawlick 13,932 13,932 * - --------------------------------------------------------------------------------------------------------------------- Carlee Price 7,740 7,740 * - --------------------------------------------------------------------------------------------------------------------- Wayne K. Provost 7,740 7,740 * - --------------------------------------------------------------------------------------------------------------------- John H. Rule 7,740 7,740 * - --------------------------------------------------------------------------------------------------------------------- Thomas J. Pick 5,805 5,805 * - --------------------------------------------------------------------------------------------------------------------- William Dimma 2,030 2,030 * - --------------------------------------------------------------------------------------------------------------------- Derek Ridout 1,449 1,449 * - --------------------------------------------------------------------------------------------------------------------- Stella Thompson 1,062 1,062 * - --------------------------------------------------------------------------------------------------------------------- George Cobbe 869 869 * - --------------------------------------------------------------------------------------------------------------------- Carole Salomon 869 869 * - --------------------------------------------------------------------------------------------------------------------- Norman Cunningham 792 792 * - ---------------------------------------------------------------------------------------------------------------------
* Less than 1% (1) The selling stockholders currently hold exchangeable shares of Legg Mason Canada Holdings Limited, which are exchangeable at the holder's option into shares of our common stock. (2) Percentage of 58,599,058 shares of our common stock outstanding as of March 31, 2000. (3) Beneficial ownership is shared by Lloyd C. Atkinson and Sharon Atkinson through 1102483 Ontario Inc. (4) Includes 146,054 shares as to which Stephen M. Daub and Theresa Daub share beneficial ownership through 976859 Ontario Inc., and 2,554 shares beneficially owned by Stephen M. Daub alone. (5) Beneficial ownership is shared by Geoffrey W. Logan, Susan Logan, Karen Styles and Cathy Logan through Kasuca Consulting Ltd. (6) Includes 48,762 shares as to which D. Walter McCormick, Barbara McCormick, Margaret McCormick and J. Connor McCormick share beneficial ownership through Thorin Capital Inc., and 17,802 shares beneficially owned by D. Walter McCormick alone. (7) Includes 27,962 shares as to which Lisa Caswell and the Caswell Family Trust share beneficial ownership through CHAGR Holdings Inc., and 22,348 shares beneficially owned by Lisa Caswell alone. PLAN OF DISTRIBUTION This prospectus supplement covers the resale of 3,797,659 previously issued shares of our common stock by affiliates of Perigee. Such a resale may be effected directly or indirectly through brokers or dealers on the New York Stock Exchange, in the over-the-counter market, on any other securities exchange on which shares of our common stock are listed or traded, in privately negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. Such a resale or redistribution also may be effected through a block trade (which may involve cross trades) in which the broker or dealer engaged will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the transaction; purchases by a broker or dealer as principal and resale by such broker or dealer for its own account; exchange distributions and/or secondary distributions in accordance with the rules of the New York Stock Exchange; ordinary brokerage transactions and transactions in which the broker solicits purchasers; an offering at other than a fixed price on or through the facilities of the New York Stock S-2 Exchange or to or through a market maker otherwise than on the New York Stock Exchange; pledges to lenders as a collateral to secure loans, credit or other financing arrangements and any subsequent foreclosure thereunder; and any other legally available means. In connection with resales or redistributions of our common stock or otherwise, a selling stockholder may enter into hedging transactions with brokers, dealers or other financial institutions. In connection with such transactions, brokers, dealers or other financial institutions may engage in short sales of our common stock in the course of hedging the positions they assume with the selling stockholder. A selling stockholder may also sell our common stock short and redeliver shares to close out such short positions. A selling stockholder may also enter into option or other transactions with brokers, dealers or other financial institutions which require the delivery to such broker, dealer or other financial institution of our common stock covered hereby, which common stock may be resold by such broker, dealer or other financial institution pursuant to this prospectus. In effecting sales, brokers or dealers engaged by a selling stockholder may arrange for other brokers or dealers to participate. Any public offering price and any discount or concessions allowed or reallowed or paid to dealers may be changed from time to time. The broker-dealers participating in such a resale or redistribution may be deemed "underwriters" within the meaning of the Securities Act, and any profit on the sale of the shares of our common stock and any commissions received by any of these broker-dealers may be regarded as underwriting commissions under the Securities Act of 1933. The shares of our common stock may be sold from time to time at varying prices determined at the time of sale or at negotiated prices. The selling stockholders will pay any brokerage commissions and taxes of any kind (including, without limitation, transfer taxes). S-3 -----END PRIVACY-ENHANCED MESSAGE-----