SEC Form 4 · accession 0000907254-16-000243
SAUL CENTERS, INC. · BFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Philip D Caraci
Director
Period of report
Sep 8, 2016
Accepted (ET)
Sep 12, 2016 · 4:07 pm 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 |
|---|---|---|---|---|---|---|---|---|
| Series C Preferred StockF2 | Sep 8, 2016 | A | 511 | $28.18 | A | 1,511 | D | |
| Series C Preferred StockF2 | Sep 12, 2016 | A | 67 | $28.18 | A | 1,578 | D | |
| Common SharesF1 | holding | — | — | — | 51,987 | I | Self-Trust | |
| Common Shares | holding | — | — | — | 2,802 | I | Wife's IRA | |
| Common SharesF2 | holding | — | — | — | 51,116 | D | ||
| Common Shares | holding | — | — | — | 20,764 | I | Wifes-Trust | |
| Series C Preferred Stock | holding | — | — | — | 3,202 | I | Wife's Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F4,F5 | $53.19 | holding | — | — | — | — | — | Common Stock | 22,931 | 22,931 | D |
| Stock Option | $54.17 | holding | — | — | — | Apr 27, 2007 | Apr 27, 2017 | Common Stock | 2,500 | 2,500 | D |
| Stock Option | $50.15 | holding | — | — | — | Apr 25, 2008 | Apr 25, 2018 | Common Stock | 2,500 | 2,500 | D |
| Stock Option | $38.76 | holding | — | — | — | May 7, 2010 | May 7, 2020 | Common Stock | 2,500 | 2,500 | D |
| Stock Option | $41.82 | holding | — | — | — | May 13, 2011 | May 13, 2021 | Common Stock | 2,500 | 2,500 | D |
| Stock Option | $39.29 | holding | — | — | — | May 4, 2012 | May 4, 2022 | Common Stock | 2,500 | 2,500 | D |
| Stock Option | $44.42 | holding | — | — | — | May 10, 2013 | May 10, 2023 | Common Stock | 2,500 | 2,500 | D |
| Stock Option | $47.03 | holding | — | — | — | May 9, 2014 | May 9, 2024 | Common Stock | 2,500 | 2,500 | D |
| Stock Option | $51.07 | holding | — | — | — | May 8, 2015 | May 8, 2025 | Common Stock | 2,500 | 2,500 | D |
| Stock Option | $57.74 | holding | — | — | — | May 6, 2016 | May 6, 2026 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1Self-Trust. Reporting person is a Trustee
- F2Self-IRA
- F3Pursuant 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.
- F41 for 1
- F5The 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.