5//SEC Filing
Laycock Willoughby B. 5
Accession 0000907254-25-000012
CIK 0000907254other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 10:30 AM ET
Size
22.9 KB
Accession
0000907254-25-000012
Insider Transaction Report
Form 5
Laycock Willoughby B.
DirectorSVP-Res. Design/Mrkt Research
Transactions
- Other
Common Stock
2024-12-20+541.067→ 3,451.068 total
Holdings
- 2,500
Director Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (2,500 underlying) - 10,000
Employee Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (10,000 underlying) - 3,798.803
Phantom Stock
→ Common Stock (3,798.803 underlying) - 500
Performance Shares
Exercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (500 underlying) - 2,500
Director Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (2,500 underlying) - 2,500
Director Stock Option
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (2,500 underlying) - 10,000
Employee Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (10,000 underlying) - 2,500
Director Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Shares (2,500 underlying) - 10,000
Employee Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (10,000 underlying) - 249.952(indirect: By Spouse)
Common Stock
- 5,000
Employee Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (5,000 underlying) - 10,000
Employee Stock Option
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (10,000 underlying) - 2,500
Director Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (2,500 underlying)
Footnotes (8)
- [F1]This is a correction to the balance previously reported on the Form 4 filed on May 21, 2024.
- [F2]Shares received from a trust in which the reporting person was a beneficiary but not the trustee. The transfer reflects a change in the form of ownership, with the reporting person now directly holding the shares. No consideration was paid by the reporting person in connection with transaction.
- [F3]This is a correction to the balance previously reported on the Form 4 filed on May 21, 2024. Previously, shares (319.059) were reported to be indirect beneficial ownership from the reporting person's spouse. These shares were directly owned by the reporting person and upon correcting the balance and nature of ownership, now total 3,451.068
- [F4]The options vest 25% per year over four years from the date of grant.
- [F5]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.
- [F6]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.
- [F7]Balance increased by July 31, 2024 and October 31, 2024 Dividend Reinvestment Plan awards totaling 113.314 shares.
- [F8]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.
Documents
Issuer
SAUL CENTERS, INC.
CIK 0000907254
Entity typeother
Related Parties
1- filerCIK 0001771496
Filing Metadata
- Form type
- 5
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 10:30 AM ET
- Size
- 22.9 KB