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SAUL CENTERS, INC. — Director's Dealing 2023
Sep 7, 2023
32170_dirs_2023-09-07_d5c46ca6-d59d-4e88-a1fa-1204b408456e.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: SAUL CENTERS, INC. (BFS)
CIK: 0000907254
Period of Report: 2023-07-03
Reporting Person: Laycock Willoughby B. (Director, SVP-Res. Design/Mrkt Research)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 302.631 | Indirect |
| Common Stock | 298.91 | Indirect |
| Common Stock | 0 | Indirect |
| Common Stock | 2045 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (3246.952) | 3246.952 | Direct | |
| 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 |
| Employee Stock Option | $47.9 | 2032-05-13 | Common Stock (10000.0) | 10000 | 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 |
| Employee Stock Option | $33.79 | 2033-05-12 | Common Stock (10000.0) | 10000 | Direct |
Footnotes
F1: Shares owned in the reporting person's spouse's 401K account. The reporting person disclaims beneficial ownership of these shares.
F2: Shares owned directly by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
F3: This amendment is being filed to correct the previously overstated amount of common shares owned by the reporting person that inadvertently included shares of common stock held in trust for which the reporting person is a beneficiary.
F4: 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.
F5: 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.
F6: The options vest 25% per year over four years from the date of grant.