Laycock Willoughby B. 4

Accession 0000907254-23-000001

CIK 0000907254other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 1:08 PM ET

Size

22.9 KB

Accession

0000907254-23-000001

Form 4

Period: 2023-01-03

DirectorSVP-Res. Design/Mrkt Research

Transactions

Award
Phantom Stock
2023-01-03$40.70/sh+152.334$6,200→ 2,796.711 total
→ Common Stock (152.334 underlying)

Holdings

Common Stock
(indirect: By Trust)
476.755
Director Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (2,500 underlying)
2,500
Employee Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (10,000 underlying)
10,000
Common Stock
(indirect: By Spouse)
293.386
Director Stock Option
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (2,500 underlying)
2,500
Employee Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (10,000 underlying)
10,000
Director Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (2,500 underlying)
2,500
Common Stock
(indirect: By Spouse)
289.779
Common Stock
1,845
Employee Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (5,000 underlying)
5,000
Employee Stock Option
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (10,000 underlying)
10,000
Director Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (2,500 underlying)
2,500

Footnotes (10)

[F1]Balance increased by October 31, 2022 Dividend Reinvestment Plan award of 4.296 shares.
[F10]The options vest 25% per year over four years from the date of grant.
[F2]Shares owned in the reporting person's spouse's 401K account. The reporting person disclaims beneficial ownership of these shares.
[F3]Balance increased by October 31, 2022 Dividend Reinvestment Plan award of 4.243 shares.
[F4]Shares owned directly by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
[F5]Balance increased by October 31, 2022 Dividend Reinvestment Plan award of 6.981 shares.
[F6]Shares held in a trust, of which the reporting person is the sole beneficiary.
[F7]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.
[F8]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.
[F9]Includes 38.722 shares ($39.7021/share) awarded October 31, 2022 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred Compensation Plan.

Documents

2 files

SAUL CENTERS, INC.

CIK 0000907254

Entity typeother