4//SEC Filing
SAUL B FRANCIS III 4
Accession 0001181431-11-039573
CIK 0000907254other
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 1:15 PM ET
Size
25.8 KB
Accession
0001181431-11-039573
Insider Transaction Report
Form 4
SAUL B FRANCIS III
DirectorPresident
Transactions
- Award
Phantom Stock
2011-07-01$39.82/sh+185.837$7,400→ 20,487.207 totalExercise: $39.82→ Common Stock (185.837 underlying)
Holdings
- 12,000(indirect: By Trust)
Common Shares
- 40,000
Employee Stock Option
Exercise: $25.78From: 2005-04-26Exp: 2014-04-26→ Common Stock (40,000 underlying) - 2,500
Stock Option
Exercise: $25.78From: 2004-04-26Exp: 2014-04-26→ Common Stock (2,500 underlying) - 3,564.192(indirect: By 401(k))
Common Shares
- 24,794.543
Common Shares
Footnotes (5)
- [F1]The option will vest 25% per year over four years from the date of grant.
- [F2]1 for 1
- [F3]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.
- [F4]Effective April 1, 2009, shares formerly held by the B.F. Saul Company Employees' Profit Sharing Reinvestment Trust were distributed to the individual 401(k) plan accounts of participants. The number of shares reported represents the reporting person's beneficial ownership interest in the Saul Centers stock fund of the 401(k) plan.
- [F5]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.
Issuer
SAUL CENTERS INC
CIK 0000907254
Entity typeother
Related Parties
1- filerCIK 0001228467
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 1:15 PM ET
- Size
- 25.8 KB