4//SEC Filing
KAY DAVID B 4
Accession 0001181431-11-039574
CIK 0000907254other
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 1:16 PM ET
Size
18.8 KB
Accession
0001181431-11-039574
Insider Transaction Report
Form 4
KAY DAVID B
Director
Transactions
- Award
Phantom Stock
2011-07-01$39.82/sh+261.805$10,425→ 9,873.409 totalExercise: $39.82→ Common Stock (261.805 underlying)
Holdings
- 4,779.449
Common Stock
- 2,500
Stock Option
Exercise: $25.78From: 2004-04-26Exp: 2014-04-26→ Common Stock (2,500 underlying)
Footnotes (3)
- [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.
Issuer
SAUL CENTERS INC
CIK 0000907254
Entity typeother
Related Parties
1- filerCIK 0001228463
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 1:16 PM ET
- Size
- 18.8 KB