Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Chen Tian Qiao
 2. Date of Event Requiring Statement (Month/Day/Year)
08/02/2016		 3. Issuer Name and Ticker or Trading Symbol
LEGG MASON, INC. [LM]
(Last)
(First)
(Middle)
8 STEVENS ROAD, 		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SINGAPORE, U0 257819		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, $0.10 par value 10,510,153
I
Please see footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Put Option (Obligation to buy) 07/06/2016 08/19/2016 Common Stock 4,900,000 $ 26 I Please see footnote (2)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chen Tian Qiao
8 STEVENS ROAD
SINGAPORE, U0 257819		     X    
Shanda Media LTD
NO. 1 OFFICE BUILDING, NO. 690
PUDONG, NEW AREA
SHANGHAI, F4 201203		     X    
Shanda Investment Group Ltd
FIRST REGISTER OFFICE
WOODBOURNE HALL, ROAD TOWN
TORTOLA, D8 00000		     X    
Shanda Technology Overseas Capital Co.
REGISTERED OFFICE, CRICKET SQUARE
HUTCHINS DRIVE, PO BOX 2681
GRAND CAYMAN, E9 KY1-1111		     X    
SHANDA ASSET MANAGEMENT HOLDINGS Ltd
8 STEVENS ROAD
SINGAPORE, U0 257819		     X    
Shanda Asset Management Investment Ltd
8 STEVENS ROAD
SINGAPORE, U0 257819		     X    

Signatures

/s/ Tianqiao Chen 08/12/2016
**Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Media Limited 08/12/2016
**Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Investment Group Limited 08/12/2016
**Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Technology Overseas Capital Company Limited 08/12/2016
**Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Asset Management Investment Limited 08/12/2016
**Signature of Reporting Person Date
/s/ Tianqiao Chen, Director of Shanda Asset Management Holdings Limited 08/12/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The common stock disclosed in this Form 3 are directly held by Shanda Asset Management 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 Shanda Investment Group 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 Asset Management Investment Limited. Therefore each of Mr. Tianqiao Chen, Shanda Media Limited, Shanda Investment Group Limited, Shanda Technology Overseas Capital Company Limited and Shanda Asset Management Investment Limited may be deemed to have beneficial ownership over the common stock held by Shanda Asset Management Investment Limited.
(2) The put options disclosed in this Form 3 were sold by Shanda Asset Management Holdings Limited before the reporting persons became subject to Section 16. Mr. Tianqiao Chen is the sole shareholder of Shanda Media Limited. Shanda Media Limited owns 70% of all outstanding and issued shares of Shanda Investment Group 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 Asset Management Holdings Limited.

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