Laycock Willoughby B. 4

Accession 0000907254-25-000069

CIK 0000907254other

View on SEC.gov Company Profile

Filed

May 12, 8:00 PM ET

Accepted

May 13, 5:28 PM ET

Size

24.4 KB

Accession

0000907254-25-000069

Insider Transaction Report

Form 4

Period: 2025-05-09

SAUL CENTERS, INC.BFS

Laycock Willoughby B.

DirectorSVP-Res. Design/Mrkt Research

Transactions

Award
Performance Shares
2025-05-09+500→ 500 total
Exercise: $0.00From: 2030-05-09Exp: 2030-05-09→ Common Stock (500 underlying)
Award
Common Stock
2025-05-09+500→ 4,101.068 total

Holdings

Director Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (2,500 underlying)
2,500
Performance Shares
Exercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (400 underlying)
400
Employee Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (5,000 underlying)
5,000
Director Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (2,500 underlying)
2,500
Employee Stock Option
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (10,000 underlying)
10,000
Director Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (2,500 underlying)
2,500
Employee Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (10,000 underlying)
10,000
Common Stock
(indirect: By Spouse)
249.952
Director Stock Option
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (2,500 underlying)
2,500
Employee Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (10,000 underlying)
10,000
Employee Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (10,000 underlying)
10,000
Director Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Shares (2,500 underlying)
2,500
Phantom Stock
→ Common Stock (3,934.656 underlying)
3,934.656

Footnotes (6)

[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]The options vest 25% per year over four years from the date of grant.
[F3]New phantom shares are issuable pursuant to the Issuers Deferred Compensation Plan for Directors, as amended and restated effective May 17, 2024 (the Deferred Compensation Plan), under its 2024 Stock Incentive Plan. Phantom shares issued prior to May 17, 2024, continue to be subject to the terms of the Issuers deferred compensation plan for directors in effect prior to the amendment and restatement of the Deferred Compensation Plan.
[F4]The conversion of phantom shares issued on or after May 17, 2024, into shares of the Issuers common stock is governed pursuant to terms of the Issuers Deferred Compensation Plan under its 2024 Stock Plan and the reporting persons Deferred Fee Agreement. The conversion of phantom shares issued prior to May 17, 2024, into shares of the Issuers common stock is governed pursuant to the terms of the Issuers deferred compensation plan for directors in effect prior to the amendment and restatement of the Deferred Compensation Plan and the reporting persons Deferred Fee Agreement.
[F5]Includes 72.670 shares awarded April 30, 2025 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred Compensation Plan.
[F6]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.

Documents

1 file

4
wk-form4_1747171685.xmlPrimary
FORM 4

Issuer

SAUL CENTERS, INC.

CIK 0000907254

→

Entity typeother

Related Parties

filerCIK 0001771496

Filing Metadata

Form type: 4
Filed: May 12, 8:00 PM ET
Accepted: May 13, 5:28 PM ET
Size: 24.4 KB

View on SEC.gov