Friedlis Zachary Maxwell 4
4 · SAUL CENTERS, INC. · Filed May 21, 2024
Insider Transaction Report
Form 4
Friedlis Zachary Maxwell
Sr. VP-Director of Leasing
Transactions
- Award
Common Stock
2024-05-17+1,500→ 2,321.479 total - Award
Performance Shares
2024-05-17+1,500→ 1,500 totalExercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (1,500 underlying)
Holdings
- 3,271
Series D Preferred Stock
Footnotes (2)
- [F1]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.
- [F2]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.