|4Jul 12, 5:23 PM ET

CHAPOTON JOHN E 4

4 · SAUL CENTERS, INC. · Filed Jul 12, 2022

Insider Transaction Report

Form 4
Period: 2022-07-08
Transactions
  • Award

    Phantom Stock

    2022-07-08$48.10/sh+24.948$1,20020,038.496 total
    Common Stock (24.948 underlying)
Holdings
  • Director Stock Option

    Exercise: $57.74From: 2016-05-06Exp: 2026-05-06Common Stock (2,500 underlying)
    2,500
  • Director Stock Option

    Exercise: $47.03From: 2014-05-09Exp: 2024-05-09Common Stock (2,500 underlying)
    2,500
  • Director Stock Option

    Exercise: $51.07From: 2015-05-08Exp: 2025-05-08Common Stock (2,500 underlying)
    2,500
  • Director Stock Option

    Exercise: $59.41From: 2017-05-05Exp: 2027-05-05Common Stock (2,500 underlying)
    2,500
  • Common Shares

    7,466.078
  • Director Stock Option

    Exercise: $55.71From: 2019-05-03Exp: 2029-05-03Common Stock (2,500 underlying)
    2,500
  • Director Stock Option

    Exercise: $47.90From: 2022-05-13Exp: 2032-05-13Common Shares (2,500 underlying)
    2,500
  • Director Stock Option

    Exercise: $49.46From: 2018-05-11Exp: 2028-05-11Common Stock (2,500 underlying)
    2,500
  • Director Stock Option

    Exercise: $43.89From: 2021-05-07Exp: 2031-05-07Common Stock (2,500 underlying)
    2,500
  • Director Stock Option

    Exercise: $50.00From: 2020-04-24Exp: 2030-04-24Common Stock (2,500 underlying)
    2,500
Footnotes (4)
  • [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]On July 8, 2022, the Issuer granted 24.948 phantom shares ($48.10/share) to compensate the reporting person for phantom shares the Issuer should have awarded to the reporting person on April 1, 2022 pursuant to the Deferred Compensation Plan.
  • [F3]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.
  • [F4]Includes 0.284 phantom shares ($50.0617/share) granted on July 8, 2022 to compensate the reporting person for a lost dividend reinvestment that would have been awarded on April 29, 2022 on phantom shares the Issuer should have awarded to the reporting person on April 1, 2022 pursuant to the Deferred Compensation Plan.

Documents

2 files
  • 4
    wf-form4_165766098484829.xmlPrimary

    FORM 4

  • EX-24

    POA-CHAPOTON