4//SEC Filing
SAUL CENTERS INC 4
Accession 0000907254-14-000008
$BFSCIK 0000907254operating
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 7:24 PM ET
Size
19.6 KB
Accession
0000907254-14-000008
Insider Transaction Report
Form 4
GROSVENOR GILBERT M
Director
Transactions
- Award
Phantom Stock
2014-01-02$47.71/sh+0$0→ 43,230.764 totalExercise: $47.71→ Common Stock (42,230.764 underlying)
Holdings
- 550.594
Common Shares
- 2,500
Stock Option
Exercise: $40.35From: 2006-05-01Exp: 2016-05-01→ Common Stock (2,500 underlying)
Footnotes (5)
- [F1]Balance increased by October 31, 2013 Dividend Reinvestment Plan award of 4.251 shares.
- [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 323.826 shares ($46.2690/share) awarded October 31, 2013 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.
Issuer
SAUL CENTERS INC
CIK 0000907254
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000907254
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 7:24 PM ET
- Size
- 19.6 KB