Heard Carlos Lawrence 4
4 · SAUL CENTERS, INC. · Filed Dec 19, 2024
Insider Transaction Report
Form 4
Heard Carlos Lawrence
Senior Vice President & CFO
Transactions
- Purchase
Series D Preferred Stock
2024-12-17$21.69/sh+300$6,507→ 700 total
Holdings
- 10,000
Employee Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (10,000 underlying) - 2,222.632
Common Stock
- 15,000
Employee Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (15,000 underlying) - 2,000
Performance Shares
Exercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (2,000 underlying) - 15,000
Employee Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (15,000 underlying)
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.