SAUL B FRANCIS III 4

Accession 0001181431-12-022313

CIK 0000907254other

View on SEC.gov Company Profile

Filed

Apr 3, 8:00 PM ET

Accepted

Apr 4, 3:01 PM ET

Size

26.4 KB

Accession

0001181431-12-022313

Insider Transaction Report

Form 4

Period: 2012-04-02

SAUL CENTERS INCBFS

SAUL B FRANCIS III

DirectorPresident

Transactions

Award
Phantom Stock
2012-04-02$40.70/sh+152.334$6,200→ 21,663.275 total
Exercise: $40.70→ Common Stock (152.334 underlying)

Holdings

Common Shares
(indirect: By 401(k))
3,564.192
Common Shares
25,550.649
Employee Stock Option
Exercise: $54.17From: 2008-04-27Exp: 2017-04-27→ Common Stock (40,000 underlying)
40,000
Stock Option
Exercise: $50.15From: 2008-04-25Exp: 2018-04-25→ Common Stock (2,500 underlying)
2,500
Employee Stock Option
Exercise: $41.82From: 2011-05-13Exp: 2021-05-13→ Common Stock (40,000 underlying)
40,000
Stock Option
Exercise: $25.78From: 2004-04-26Exp: 2014-04-26→ Common Stock (2,500 underlying)
2,500
Stock Option
Exercise: $38.76From: 2010-05-07Exp: 2020-05-07→ Common Stock (2,500 underlying)
2,500
Common Shares
(indirect: By Trust)
12,000
Employee Stock Option
Exercise: $33.22From: 2006-05-06Exp: 2015-05-06→ Common Stock (40,000 underlying)
40,000
Stock Option
Exercise: $33.22From: 2005-05-06Exp: 2015-05-06→ Common Stock (2,500 underlying)
2,500
Stock Option
Exercise: $40.35From: 2006-05-01Exp: 2016-05-01→ Common Stock (2,500 underlying)
2,500
Employee Stock Option
Exercise: $25.78From: 2005-04-26Exp: 2014-04-26→ Common Stock (40,000 underlying)
40,000
Stock Option
Exercise: $54.17From: 2007-04-27Exp: 2017-04-27→ Common Stock (2,500 underlying)
2,500
Stock Option
Exercise: $32.68From: 2009-04-24Exp: 2019-04-24→ Common Stock (2,500 underlying)
2,500
Stock Option
Exercise: $41.82From: 2011-05-13Exp: 2021-05-13→ Common Stock (2,500 underlying)
2,500

Footnotes (7)

[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.
[F6]Balance increased by January 31, 2012 Dividend Reinvestment Plan award of 264.318 shares.
[F7]Includes 222.528 shares ($34.4398/share) awarded January 31, 2012 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.

Documents

2 files

Issuer

SAUL CENTERS INC

CIK 0000907254

→

Entity typeother

Related Parties

filerCIK 0001228467

Filing Metadata

Form type: 4
Filed: Apr 3, 8:00 PM ET
Accepted: Apr 4, 3:01 PM ET
Size: 26.4 KB

View on SEC.gov