SEC Form 4 · accession 0000907254-17-000086
SAUL CENTERS, INC. · BFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald A Hachey
Officer — Senior Vice Pres.-Construction
Period of report
Sep 28, 2017
Accepted (ET)
Oct 2, 2017 · 12:00 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 |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Sep 28, 2017 | M | 625 | $44.42 | A | 625 | D | |
| Common Shares | Sep 28, 2017 | M | 2,500 | $47.03 | A | 3,125 | D | |
| Common Shares | Sep 28, 2017 | M | 481 | $51.07 | A | 3,606 | D | |
| Common Shares | Sep 28, 2017 | S | 3,606 | $62.50 | D | 0 | D | |
| Common Shares | Sep 29, 2017 | M | 1,000 | $51.07 | A | 1,000 | D | |
| Common Shares | Sep 29, 2017 | S | 1,000 | $62.50 | D | 0 | 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 OptionF1 | $44.42 | Sep 28, 2017 | M | 625 | D | May 10, 2013 | May 10, 2023 | Common Stock | 625 | 0 | D |
| Employee Stock OptionF1 | $47.03 | Sep 28, 2017 | M | 2,500 | D | May 9, 2014 | May 9, 2024 | Common Stock | 2,500 | 1,250 | D |
| Employee Stock OptionF1 | $51.07 | Sep 28, 2017 | M | 481 | D | May 8, 2015 | May 8, 2025 | Common Stock | 481 | 4,519 | D |
| Employee Stock OptionF1 | $51.07 | Sep 29, 2017 | M | 1,000 | D | May 8, 2015 | May 8, 2025 | Common Stock | 1,000 | 3,519 | D |
| Employee Stock OptionF1 | $57.74 | holding | — | — | — | May 6, 2016 | May 6, 2026 | Common Stock | 5,000 | 5,000 | D |
| Employee Stock OptionF1 | $59.41 | holding | — | — | — | May 5, 2017 | May 5, 2027 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The options vest 25% per year over four years from the date of grant.