SEC Form 4 · accession 0000907254-16-000183
SAUL CENTERS, INC. · BFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine Nicolaides Kearns
Officer — Executive Vice President
Period of report
May 6, 2016
Accepted (ET)
May 10, 2016 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000907254
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1 | $57.74 | May 6, 2016 | A | 25,000 | A | May 6, 2016 | May 6, 2026 | Common Stock | 25,000 | 25,000 | D |
| Employee Stock OptionF1 | $51.07 | holding | — | — | — | May 8, 2015 | May 8, 2025 | Common Shares | 20,000 | 20,000 | D |
Explanation of responses
- F1The options vest 25% per year over four years from the date of grant.