SEC Form 4 · accession 0000907254-15-000052
SAUL CENTERS, INC. · BFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott V Schneider
Officer — Sr. Vice President-CFO
Period of report
May 8, 2015
Accepted (ET)
May 12, 2015 · 10:32 am EDT
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 SharesF1 | holding | — | — | — | 502 | I | Child-Eric | |
| Common SharesF1 | holding | — | — | — | 502 | I | Child-Carson | |
| Common SharesF2 | holding | — | — | — | 536 | I | Child-Clara | |
| Common SharesF3 | holding | — | — | — | 524 | I | Child-Lindsey | |
| Series C Preferred Stock | holding | — | — | — | 3,000 | D | ||
| Common SharesF4 | holding | — | — | — | 8,248 | I | 401K | |
| Common Shares | holding | — | — | — | 8,398 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF5 | $51.07 | May 8, 2015 | A | 20,000 | A | May 8, 2015 | May 8, 2025 | Common Shares | 20,000 | 20,000 | D |
| Employee Stock OptionF5 | $54.17 | holding | — | — | — | Apr 27, 2008 | Apr 27, 2017 | Common Stock | 9,100 | 9,100 | D |
| Employee Stock OptionF5 | $54.17 | holding | — | — | — | Apr 27, 2008 | Apr 27, 2017 | Common Stock | 9,100 | 9,100 | D |
| Employee Stock OptionF5 | $41.82 | holding | — | — | — | May 13, 2011 | May 13, 2021 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock OptionF5 | $39.29 | holding | — | — | — | May 4, 2012 | May 4, 2022 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock OptionF5 | $44.42 | holding | — | — | — | May 10, 2013 | May 10, 2023 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock OptionF5 | $47.03 | holding | — | — | — | May 9, 2014 | May 9, 2024 | Common Shares | 20,000 | 20,000 | D |
Explanation of responses
- F1Balance increased by January 31, 2015 Dividend Reinvestment Plan award and April 30, 2015 award of 3.486 shares and 4.265 shares, respectively.
- F2Balance increased by January 31, 2015 Dividend Reinvestment Plan award and April 30, 2015 award of 3.722 shares and 4.554 shares, respectively.
- F3Balance increased by January 31, 2015 Dividend Reinvestment Plan award and April 30, 2015 award of 3.635 shares and 4.447 shares, respectively.
- F4Effective 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.
- F5The options vest 25% per year over four years from the date of grant.