AI assistant
SAUL CENTERS, INC. — Director's Dealing 2021
Oct 4, 2021
32170_dirs_2021-10-04_69981fc1-0c52-47f8-9e0e-f642a981a533.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: 2021-10-01
Reporting Person: Laycock Willoughby B. (Director, SVP-Res. Marketing Initiatives)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-01 | Phantom Stock | $45.87 | A | 135.165 | Acquired | Common Stock (135.165) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 275.935 | Indirect |
| Common Shares | 272.543 | Indirect |
| Common Shares | 448.398 | Indirect |
| Common Shares | 1645 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $55.71 | 2029-05-03 | Common Stock (5000.0) | 5000 | Direct |
| Director Stock Option | $55.71 | 2029-05-03 | Common Stock (2500.0) | 2500 | Direct |
| Employee Stock Option | $50.0 | 2030-04-24 | Common Stock (10000.0) | 10000 | Direct |
| Director Stock Option | $50.0 | 2030-04-24 | Common Stock (2500.0) | 2500 | Direct |
| Employee Stock Option | $43.89 | 2031-05-07 | Common Stock (10000.0) | 10000 | Direct |
| Director Stock Option | $43.89 | 2031-05-07 | Common Stock (2500.0) | 2500 | Direct |
Footnotes
F1: Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 3.373 shares.
F2: Shares owned in the reporting person's spouse's 401K account. The reporting person disclaims beneficial ownership of these shares.
F3: Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 3.332 shares.
F4: Shares owned directly by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
F5: Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 5.482 shares.
F6: Shares held in a trust, of which the reporting person is the sole beneficiary.
F7: 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.
F8: Includes 22.189 shares ($44.4405/share) awarded July 30, 2021 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.
F9: The options vest 25% per year over four years from the date of grant.