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4//SEC Filing

KAY DAVID B 4

Accession 0001181431-11-001712

CIK 0000907254other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 2:47 PM ET

Size

18.6 KB

Accession

0001181431-11-001712

Insider Transaction Report

Form 4
Period: 2011-01-03
KAY DAVID B
Director
Transactions
  • Award

    Phantom Stock

    2011-01-03$48.18/sh+191.471$9,2259,302.957 total
    Exercise: $48.18Common Stock (191.471 underlying)
Holdings
  • Stock Option

    Exercise: $25.78From: 2004-04-26Exp: 2014-04-26Common Stock (2,500 underlying)
    2,500
  • Common Stock

    4,505.657
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]Includes 79.034 shares ($41.1426/share) awarded October 29, 2011 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.
  • [F5]Balance increased by October 29, 2010 Dividend Reinvestment Plan award of 39.083 shares.

Issuer

SAUL CENTERS INC

CIK 0000907254

Entity typeother

Related Parties

1
  • filerCIK 0001228463

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 2:47 PM ET
Size
18.6 KB