SAUL CENTERS INC 4
4 · SAUL CENTERS INC · Filed Apr 29, 2008
Insider Transaction Report
Form 4
KAY DAVID B
Director
Transactions
- Award
Common Stock
2008-04-25$50.15/sh+200$10,030→ 3,679.988 total - Award
Stock Option
2008-04-25$50.15/sh+2,500$125,375→ 2,500 totalExercise: $50.15From: 2008-04-25Exp: 2018-04-25→ Common Stock (2,500 underlying)
Holdings
- 5,842.958
Phantom Stock
Exercise: $53.49→ Common Stock (194.895 underlying) - 2,500
Stock Option
Exercise: $25.78From: 2004-04-26Exp: 2014-04-26→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Under the terms of the reporting person's Deferred Fee Agreement, payment of shares of the issuer's common stock commences at such time as the reporting person ceases to be a director of the issuer. Payment will be a lump sum upon termination of directorship.
- [F2]Pursuant to the issuer's Deferred Compensation Plan under its 2004 Stock Plan and the Deferred Fee Agreement executed by the reporting person, the reporting person has elected to defer receipt of his director's fees, and receive phantom stock, the amount of which is calculated as the quotient of the dollar value of fees deferred, divided by the fair market value of the issuer's shares on the date the phantom stock is received.
- [F3]1 for 1