AI assistant
SAUL CENTERS, INC. — Director's Dealing 2018
Apr 4, 2018
32170_dirs_2018-04-04_f44aa5a2-3d6b-40d0-8b20-c28c854ff5ee.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SAUL CENTERS INC (BFS)
CIK: 0000907254
Period of Report: 2018-04-02
Reporting Person: CLANCY GEORGE PATRICK JR (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-04-02 | Common Shares | M | 956 | $50.96 | Acquired | 2156 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-04-02 | Phantom Stock | $49.75 | M | 956 | Disposed | Common Stock (956.0) | Direct | |
| 2018-04-02 | Phantom Stock | $49.75 | A | 197.992 | Acquired | Common Stock (197.992) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $39.29 | 2022-05-04 | Common Stock (2500.0) | 2500 | Direct |
| Stock Option | $44.42 | 2023-05-10 | Common Stock (2500.0) | 2500 | Direct |
| Stock Option | $47.03 | 2024-05-09 | Common Stock (2500.0) | 2500 | Direct |
| Stock Option | $51.07 | 2025-05-08 | Common Stock (2500.0) | 2500 | Direct |
| Stock Option | $57.74 | 2026-05-06 | Common Stock (2500.0) | 2500 | Direct |
| Common Stock | $59.41 | 2027-05-05 | Common Stock (2500.0) | 2500 | Direct |
Footnotes
F1: Shares were acquired pursuant to the Reporting Person's election to convert the phantom stock granted to him under the issuer's Deferred Compensation Plan into common stock in five equal, annual installments.
F2: Pursuant to the issuer's Deferred Compensation Plan under its 2004 Stock Plan and the Deferred Fee Agreement executed by the reporting person, the reporting person has elected to defer receipt of his director's fees, and receive phantom stock, the amount of which is calculated as the quotient of the dollar value of fees deferred, divided by the fair market value of the issuer's shares on the date the phantom stock is received.
F3: 1 for 1
F4: The conversion of phantom stock into shares of the issuer's common stock is governed pursuant to terms of the issuer's Deferred Compensation Plan under its 2004 Stock Plan, as amended, and the reporting person's Deferred Fee Agreement.
F5: Includes 47.171 shares ($52.7146/share) awarded January 31, 2018 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the issuer's Deferred Compensation Plan under its 2004 Stock Plan and shares of phantom stock issued under the issuer's Deferred Compensation Stock Plan for Directors.