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4//SEC Filing

KAY DAVID B 4

Accession 0001181431-10-001702

CIK 0000907254other

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 3:07 PM ET

Size

17.4 KB

Accession

0001181431-10-001702

Insider Transaction Report

Form 4
Period: 2010-01-04
KAY DAVID B
Director
Transactions
  • Award

    Phantom Stock

    2010-01-04$33.10/sh+278.701$9,2258,100.859 total
    Exercise: $33.10Common Stock (278.701 underlying)
Holdings
  • Common Stock

    4,146.177
  • Stock Option

    Exercise: $25.78From: 2004-04-26Exp: 2014-04-26Common Stock (2,500 underlying)
    2,500
Footnotes (5)
  • [F1]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.
  • [F2]1 for 1
  • [F3]The conversion of phantom stock into shares of the issuer's common stock is governed pursuant to terms of the issuer's Deferred Compensation Plan under its 2004 Stock Plan, as amended, and the reporting person's Deferred Fee Agreement.
  • [F4]Balance increased by October 30, 2009 Dividend Reinvestment Plan award of 1.857 shares.
  • [F5]Includes 92.880 shares ($29.95850/share) awarded October 30, 2009 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the issuer's Deferred Compensation Plan under its 2004 Stock Plan and shares of phantom stock issued under the issuer's Deferred Compensation Stock Plan for Directors.

Issuer

SAUL CENTERS INC

CIK 0000907254

Entity typeother

Related Parties

1
  • filerCIK 0001228463

Filing Metadata

Form type
4
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 3:07 PM ET
Size
17.4 KB