Laycock Willoughby B. 4

Accession 0000907254-23-000028

CIK 0000907254other

Filed

Apr 3, 8:00 PM ET

Accepted

Apr 4, 3:51 PM ET

Size

19.9 KB

Accession

0000907254-23-000028

Form 4

Period: 2023-04-03

DirectorSVP-Res. Design/Mrkt Research

Transactions

Award
Phantom Stock
2023-04-03$38.71/sh+160.166$6,200→ 2,997.068 total
→ Common Stock (160.166 underlying)

Holdings

Common Stock
(indirect: By Trust)
483.607
Employee Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (5,000 underlying)
5,000
Director Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (2,500 underlying)
2,500
Common Stock
(indirect: By Spouse)
297.602
Common Stock
(indirect: By Spouse)
293.944
Common Stock
1,845
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
Director Stock Option
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (2,500 underlying)
2,500
Director Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ 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
Employee Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (10,000 underlying)
10,000

Footnotes (10)

[F1]Balance increased by January 31, 2023 Dividend Reinvestment Plan award of 4.216 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 January 31, 2023 Dividend Reinvestment Plan award of 4.164 shares.
[F4]Shares owned directly by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
[F5]Balance increased by January 31, 2023 Dividend Reinvestment Plan award of 6.851 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 40.191 shares ($41.0552/share) awarded January 31, 2023 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred Compensation Plan.

Documents

1 file

SAUL CENTERS, INC.

CIK 0000907254

Entity typeother