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SAUL CENTERS, INC. — Director's Dealing 2024
Apr 3, 2024
32170_dirs_2024-04-03_242d7e0b-637c-4a4e-9d43-f647ab34301a.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: 2024-04-01
Reporting Person: CHAPOTON JOHN E (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-01 | Phantom Stock | $ | A | 427.519 | Acquired | Common Stock (427.519) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 7466.078 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Director Stock Option | $47.03 | 2024-05-09 | Common Stock (2500) | 2500 | Direct |
| Director Stock Option | $51.07 | 2025-05-08 | Common Stock (2500) | 2500 | Direct |
| Director Stock Option | $57.74 | 2026-05-06 | Common Stock (2500) | 2500 | Direct |
| Director Stock Option | $59.41 | 2027-05-05 | Common Stock (2500) | 2500 | Direct |
| Director Stock Option | $49.46 | 2028-05-11 | Common Stock (2500) | 2500 | Direct |
| Director Stock Option | $55.71 | 2029-05-03 | Common Stock (2500) | 2500 | Direct |
| Director Stock Option | $50 | 2030-04-24 | Common Stock (2500) | 2500 | Direct |
| Director Stock Option | $43.89 | 2031-05-07 | Common Stock (2500) | 2500 | Direct |
| Director Stock Option | $47.90 | 2032-05-13 | Common Stock (2500) | 2500 | Direct |
| Director Stock Option | $33.79 | 2033-05-12 | Common Stock (2500) | 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 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.
F3: Includes 357.725 shares awarded January 31, 2024 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred
Compensation Plan.