Friedlis Zachary Maxwell 4
4 · SAUL CENTERS, INC. · Filed May 13, 2025
Insider Transaction Report
Form 4
Friedlis Zachary Maxwell
Sr. VP-Director of Leasing
Transactions
- Award
Common Stock
2025-05-09+1,500→ 4,327.019 total - Award
Performance Shares
2025-05-09+1,500→ 1,500 totalExercise: $0.00From: 2030-05-09Exp: 2030-05-09→ Common Stock (1,500 underlying)
Holdings
- 3,513.031
Series D Preferred Stock
- 1,200
Performance Shares
Exercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (1,200 underlying)
Footnotes (4)
- [F1]Balance increased by April 30, 2025 Dividend Reinvestment Plan award of 64.46 shares.
- [F2]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.
- [F3]Balance increased by April 30, 2025 Dividend Reinvestment Plan award of 16.198 shares.
- [F4]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.