Pearson David Todd 4
4 · SAUL CENTERS, INC. · Filed May 21, 2024
Insider Transaction Report
Form 4
Pearson David Todd
DirectorPresident & COO
Transactions
- Award
Performance Shares
2024-05-17+17,500→ 17,500 totalExercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (17,500 underlying) - Award
Common Stock
2024-05-17+17,500→ 23,808.48 total
Holdings
- 5,000
Employee Stock Option
Exercise: $49.46From: 2018-05-11Exp: 2028-05-11→ Common Stock (5,000 underlying) - 2,133.677(indirect: By Spouse)
Common Stock
- 7,500
Employee Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (7,500 underlying) - 5,000
Employee Stock Option
Exercise: $59.41From: 2017-05-05Exp: 2027-05-05→ Common Stock (5,000 underlying) - 30,000
Employee Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (30,000 underlying) - 30,000
Employee Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Shares (30,000 underlying) - 2,500
Director Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (2,500 underlying) - 15,000
Employee Stock Option
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (15,000 underlying) - 25,000
Employee Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (25,000 underlying)
Footnotes (5)
- [F1]Balance increased by April 30, 2024 Dividend Reinvestment Plan award of 35.26 shares.
- [F2]Represents restricted shares of Common Stock. Such shares vest on the first five anniversaries of May 17, 2024 in equal annual installments, assuming continued employment.
- [F3]Balance increased by April 30, 2024 Dividend Reinvestment Plan award of 104.26 shares.
- [F4]The options vest 25% per year over four years from the date of grant.
- [F5]The performance share award provides for the grant of restricted shares of Common Stock on each of the five anniversaries of May 17, 2024 in equal annual installments. The number of restricted shares of such grant that vest, if any, is (i) subject to cliff-vesting on May 17, 2029, and (2) achievement of performance criteria relating to the Companys target Funds from Operations available to common stockholders and noncontrolling interests (FFO) measured against an FFO amount included in the budget established by the Board of Directors annually prior to the start of such calendar year.