SEC Form 4 · accession 0000907254-16-000202
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
May 13, 2016
Accepted (ET)
May 17, 2016 · 11:41 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 Shares | May 13, 2016 | S | 2,414 | $56.2997 | D | 23,262 | D | |
| Common Shares | May 16, 2016 | S | 425 | $56.75 | D | 22,837 | D | |
| Common Shares | holding | — | — | — | 1,732 | I | Wife | |
| Series C Preferred Stock | holding | — | — | — | 1,000 | D | ||
| Series C Preferred Stock | holding | — | — | — | 4,000 | 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 OptionF1 | $54.17 | holding | — | — | — | Apr 27, 2008 | Apr 27, 2017 | Common Stock | 12,332 | 12,332 | D |
| Employee Stock OptionF1 | $51.07 | holding | — | — | — | May 8, 2015 | May 8, 2025 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock OptionF1 | $41.82 | holding | — | — | — | May 13, 2011 | May 13, 2021 | Common Stock | 8,650 | 8,650 | D |
| Employee Stock OptionF1 | $39.29 | holding | — | — | — | May 4, 2012 | May 4, 2022 | Common Stock | 3,750 | 3,750 | D |
| Employee Stock OptionF1 | $44.42 | holding | — | — | — | May 10, 2013 | May 10, 2023 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock OptionF1 | $47.03 | holding | — | — | — | May 9, 2014 | May 9, 2024 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock OptionF1 | $57.74 | holding | — | — | — | May 6, 2016 | May 6, 2026 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The options vest 25% per year over four years from the date of grant.