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SAUL CENTERS, INC. — Director's Dealing 2023
Oct 4, 2023
32170_dirs_2023-10-04_c0b68898-85a2-4636-aef4-b1e9e8617c15.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SAUL CENTERS, INC. (BFS)
CIK: 0000907254
Period of Report: 2023-10-02
Reporting Person: CHAPOTON JOHN E (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-10-02 | Phantom Stock | $ | A | 179.035 | Acquired | Common Stock (179.035) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7666.078 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Director Stock Option | $47.03 | 2024-05-09 | Common Stock (2500.0) | 2500 | Direct |
| Director Stock Option | $51.07 | 2025-05-08 | Common Stock (2500.0) | 2500 | Direct |
| Director Stock Option | $57.74 | 2026-05-06 | Common Stock (2500.0) | 2500 | Direct |
| Director Stock Option | $59.41 | 2027-05-05 | Common Stock (2500.0) | 2500 | Direct |
| Director Stock Option | $49.46 | 2028-05-11 | Common Stock (2500.0) | 2500 | Direct |
| Director Stock Option | $55.71 | 2029-05-03 | Common Stock (2500.0) | 2500 | Direct |
| Director Stock Option | $50.0 | 2030-04-24 | Common Stock (2500.0) | 2500 | Direct |
| Director Stock Option | $43.89 | 2031-05-07 | Common Stock (2500.0) | 2500 | Direct |
| Director Stock Option | $47.9 | 2032-05-13 | Common Stock (2500.0) | 2500 | Direct |
| Director Stock Option | $33.79 | 2033-05-12 | Common Stock (2500.0) | 2500 | Direct |
Footnotes
F1: Phantom shares are issuable pursuant to the Issuer's Deferred Compensation Plan for Directors under its 2004 Stock Plan, as amended (the "Deferred Compensation Plan"). Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service.
F2: The conversion of the phantom stock into shares of the Issuer's common stock is governed by the Deferred Compensation Plan and the reporting person's Deferred Fee Election Agreement.
F3: Includes 342.525 shares awarded July 31, 2023 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred Compensation Plan.