Lotuff Patricia Saul 4
4 · SAUL CENTERS, INC. · Filed May 13, 2025
Insider Transaction Report
Form 4
Lotuff Patricia Saul
DirectorVice Chair
Transactions
- Award
Performance Shares
2025-05-09+2,000→ 2,000 totalExercise: $0.00From: 2030-05-09Exp: 2030-05-09→ Common Stock (2,000 underlying) - Award
Common Stock
2025-05-09+2,000→ 20,357.528 total
Holdings
- 2,500
Director Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (2,500 underlying) - 1,600
Performance Shares
Exercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (1,600 underlying)
Footnotes (3)
- [F1]Represents restricted shares of Common Stock. Such shares vest on the first five anniversaries of May 9, 2025 in equal annual installments, assuming continued employment.
- [F2]Balance increased by April 30, 2025 Dividend Reinvestment Plan award of 185.753 shares.
- [F3]The performance share award provides for the grant of restricted shares of Common Stock on each of the five anniversaries of May 9, 2025 in equal annual installments. The number of restricted shares of such grant that vest, if any, is (i) subject to cliff-vesting on May 9, 2030, 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.