SEC Form 4 · accession 0000907254-17-000107
SAUL CENTERS, INC. · BFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Page Lansdale
Officer — President and Chief Oper. Off. · Director
Period of report
Dec 13, 2017
Accepted (ET)
Dec 14, 2017 · 2:37 pm EST
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 | Dec 13, 2017 | M | 4,655 | $44.42 | A | 5,255 | D | |
| Common Shares | Dec 13, 2017 | S | 4,655 | $62.51 | D | 600 | D | |
| Common Shares | Dec 14, 2017 | M | 2,945 | $44.42 | A | 3,545 | D | |
| Common Shares | Dec 14, 2017 | S | 2,945 | $62.50 | D | 600 | 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 | Dec 13, 2017 | M | 4,655 | D | May 10, 2013 | May 10, 2023 | Common Stock | 4,655 | 11,945 | D |
| Employee Stock OptionF1 | $44.42 | Dec 14, 2017 | M | 2,945 | D | May 10, 2013 | May 10, 2023 | Common Stock | 2,945 | 9,000 | D |
| Employee Stock OptionF1 | $39.29 | holding | — | — | — | May 4, 2012 | May 4, 2022 | Common Stock | 2,500 | 2,500 | D |
| Employee Stock OptionF1 | $47.03 | holding | — | — | — | May 9, 2014 | May 9, 2024 | Common Stock | 30,000 | 30,000 | D |
| Employee Stock OptionF1 | $51.07 | holding | — | — | — | May 8, 2015 | May 8, 2025 | Common Stock | 30,000 | 30,000 | D |
| Employee Stock OptionF1 | $57.74 | holding | — | — | — | May 6, 2016 | May 6, 2026 | Common Stock | 30,000 | 30,000 | D |
| Director Stock OptionF2 | $51.07 | holding | — | — | — | May 8, 2015 | May 8, 2025 | Common Stock | 2,500 | 2,500 | D |
| Director Stock OptionF2 | $57.74 | holding | — | — | — | May 6, 2016 | May 6, 2026 | Common Stock | 2,500 | 2,500 | D |
| Director Stock OptionF2 | $59.41 | holding | — | — | — | May 5, 2017 | May 5, 2027 | Common Stock | 2,500 | 2,500 | D |
| Employee Stock OptionF1 | $59.41 | holding | — | — | — | May 5, 2017 | May 5, 2027 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1The options vest 25% per year over four years from the date of grant.
- F2The options vest immediately on the date of grant.