SEC Form 4 · accession 0000907254-15-000013
SAUL CENTERS, INC. · BFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Collich
Officer — Sr. VP-Acquisitions & Dev.
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 8:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000907254
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF2 | Jan 2, 2015 | M | 4,000 | $41.82 | A | 25,495 | D | |
| Common Shares | Jan 2, 2015 | S | 4,000 | $57.414 | D | 21,495 | D | |
| Common Shares | Jan 5, 2015 | M | 1,420 | $54.17 | A | 22,915 | D | |
| Common Shares | Jan 5, 2015 | S | 1,420 | $57.6486 | D | 21,495 | D | |
| Common Shares | Jan 5, 2015 | M | 80 | $41.82 | A | 21,575 | D | |
| Common Shares | Jan 5, 2015 | S | 80 | $57.6486 | D | 21,495 | D | |
| Common Shares | Jan 5, 2015 | M | 7,500 | $39.29 | A | 28,995 | D | |
| Common Shares | Jan 5, 2015 | S | 7,500 | $57.6486 | D | 21,495 | D | |
| Common Shares | Jan 6, 2015 | M | 312 | $54.17 | A | 21,807 | D | |
| Common Shares | Jan 6, 2015 | S | 312 | $58.25 | D | 21,495 | D | |
| Common SharesF1 | holding | — | — | — | 1,649 | I | Wife | |
| Series C Preferred Stock | holding | — | — | — | 1,000 | D | ||
| Series C Preferred Stock | holding | — | — | — | 3,000 | I | Wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF3 | $54.17 | Jan 5, 2015 | M | 1,420 | D | Apr 27, 2008 | Apr 27, 2017 | Common Stock | 1,420 | 13,580 | D |
| Employee Stock OptionF3 | $54.17 | Jan 6, 2015 | M | 312 | D | Apr 27, 2008 | Apr 27, 2017 | Common Stock | 312 | 13,268 | D |
| Employee Stock OptionF3 | $41.82 | Jan 2, 2015 | M | 4,000 | D | May 13, 2011 | May 13, 2021 | Common Stock | 4,000 | 11,000 | D |
| Employee Stock OptionF3 | $41.82 | Jan 5, 2015 | M | 80 | D | May 13, 2011 | May 13, 2021 | Common Stock | 80 | 10,920 | D |
| Employee Stock OptionF3 | $39.29 | Jan 5, 2015 | M | 7,500 | D | May 4, 2012 | May 4, 2022 | Common Stock | 7,500 | 7,500 | D |
| Employee Stock OptionF3 | $33.22 | holding | — | — | — | May 6, 2006 | May 6, 2015 | Common Stock | 3,000 | 3,000 | D |
| Employee Stock OptionF3 | $44.42 | holding | — | — | — | May 10, 2013 | May 10, 2023 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock Option | $47.03 | holding | — | — | — | May 9, 2014 | May 9, 2024 | Common Shares | 20,000 | 20,000 | D |
Explanation of responses
- F1Balance increased by July 31, 2014 Dividend Reinvestment Plan award and October 31, 2014 award of 13.922 shares and 12.288 shares, respectively.
- F2Balance increased by July 31, 2014 Dividend Reinvestment Plan award and October 31, 2014 award of 180.832 shares and 161.874 shares, respectively.
- F3The options vest 25% per year over four years from the date of grant.