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4//SEC Filing

Heard Carlos Lawrence 4

Accession 0000907254-24-000102

CIK 0000907254other

Filed

Dec 18, 7:00 PM ET

Accepted

Dec 19, 3:30 PM ET

Size

11.1 KB

Accession

0000907254-24-000102

Insider Transaction Report

Form 4
Period: 2024-12-17
Heard Carlos Lawrence
Senior Vice President & CFO
Transactions
  • Purchase

    Series D Preferred Stock

    2024-12-17$21.69/sh+300$6,507700 total
Holdings
  • Employee Stock Option

    Exercise: $43.89From: 2021-05-07Exp: 2031-05-07Common Stock (10,000 underlying)
    10,000
  • Common Stock

    2,222.632
  • Employee Stock Option

    Exercise: $33.79From: 2023-05-12Exp: 2033-05-12Common Stock (15,000 underlying)
    15,000
  • Performance Shares

    Exercise: $0.00From: 2029-05-17Exp: 2029-05-17Common Stock (2,000 underlying)
    2,000
  • Employee Stock Option

    Exercise: $47.90From: 2022-05-13Exp: 2032-05-13Common Stock (15,000 underlying)
    15,000
Footnotes (3)
  • [F1]Balance increased by October 31, 2024 Dividend Reinvestment Plan award of 3.366 shares.
  • [F2]The options vest 25% per year over four years from the date of grant.
  • [F3]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.

Issuer

SAUL CENTERS, INC.

CIK 0000907254

Entity typeother

Related Parties

1
  • filerCIK 0001849267

Filing Metadata

Form type
4
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 3:30 PM ET
Size
11.1 KB