Heard Carlos Lawrence 4
4 · SAUL CENTERS, INC. · Filed Mar 10, 2025
Insider Transaction Report
Form 4
Heard Carlos Lawrence
Senior Vice President & CFO
Transactions
- Exercise/Conversion
Common Stock
2025-03-06+400→ 2,622.632 total - Award
Common Stock
2025-03-06+200→ 2,826.191 total - Exercise/Conversion
Performance Shares
2025-03-06−400→ 1,600 totalExercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (400 underlying)
Holdings
- 10,000
Employee Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (10,000 underlying) - 15,000
Employee Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (15,000 underlying) - 15,000
Employee Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (15,000 underlying) - 700
Series D Preferred Stock
Footnotes (4)
- [F1]Represents restricted shares of Common Stock. Such shares vest, assuming continued employment, on May 17, 2029.
- [F2]Represents additional restricted shares of Common Stock earned based on the achievement of performance criteria with respect to a performance period commencing on January 1, 2024 and ending on December 31, 2024. Such shares vest, assuming continued employment, on May 17, 2029.
- [F3]Balance increased by January 31, 2025 Dividend Reinvestment Plan award of 3.559 shares.
- [F4]The options vest 25% per year over four years from the date of grant.