SAUL CENTERS INC 4
4 · SAUL CENTERS INC · Filed May 12, 2015
Insider Transaction Report
Form 4
GROSVENOR GILBERT M
Director
Transactions
- Award
Stock Option
2015-05-08$51.07/sh+2,500$127,675→ 2,500 totalExercise: $51.07From: 2015-05-08Exp: 2025-05-08→ Common Stock (2,500 underlying) - Award
Common Shares
2015-05-08$51.07/sh+200$10,214→ 984.433 total
Holdings
- 45,404.35
Phantom Stock
Exercise: $51.76→ Common Stock (45,404.35 underlying) - 2,500
Stock Option
Exercise: $50.15From: 2008-04-25Exp: 2018-04-25→ Common Stock (2,500 underlying) - 2,500
Stock Option
Exercise: $47.03From: 2014-05-09Exp: 2024-05-09→ Common Stock (2,500 underlying) - 2,500
Stock Option
Exercise: $44.42From: 2013-05-10Exp: 2023-05-10→ Common Stock (2,500 underlying)
Footnotes (4)
- [F1]Balance increased by April 30, 2015 Dividend Reinvestment Plan awards of 6.661 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.