GROSVENOR GILBERT M 4

4 · SAUL CENTERS INC · Filed May 8, 2012

Form 4

Period: 2012-05-04

Director

Transactions

Award
Stock Option
2012-05-04$39.29/sh+2,500$98,225→ 2,500 total
Exercise: $39.29From: 2012-05-04Exp: 2022-05-04→ Common Stock (2,500 underlying)
Award
Common Shares
2012-05-04$39.29/sh+200$7,858→ 528.722 total

Holdings

Stock Option
Exercise: $40.35From: 2006-05-01Exp: 2016-05-01→ Common Stock (2,500 underlying)
2,500
Stock Option
Exercise: $50.15From: 2008-04-25Exp: 2018-04-25→ 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
Stock Option
Exercise: $41.82From: 2011-05-13Exp: 2021-05-13→ Common Stock (2,500 underlying)
2,500
Stock Option
Exercise: $33.22From: 2005-05-06Exp: 2015-05-06→ Common Stock (2,500 underlying)
2,500
Phantom Stock
Exercise: $40.70→ Common Stock (40,351.452 underlying)
40,351.452
Stock Option
Exercise: $54.17From: 2007-04-27Exp: 2017-04-27→ Common Stock (2,500 underlying)
2,500
Stock Option
Exercise: $25.78From: 2004-04-26Exp: 2014-04-26→ 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

Footnotes (4)

[F1]1 for 1
[F2]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.
[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 April 30, 2012 Dividend Reinvestment Plan award of 3.012 shares.

Documents

2 files