SEC Form 4 · accession 0000907254-18-000040
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 11, 2018
Accepted (ET)
May 14, 2018 · 3:48 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 Stock | holding | — | — | — | 5,603 | I | Wife | |
| Series C Preferred Stock | holding | — | — | — | 1,311 | D | ||
| Common SharesF1 | holding | — | — | — | 1,857 | I | Wife | |
| Common SharesF2 | holding | — | — | — | 33,379 | 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 OptionF3 | $49.46 | May 11, 2018 | A | 20,000 | A | May 11, 2018 | May 11, 2028 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock OptionF3 | $39.29 | holding | — | — | — | May 4, 2012 | May 4, 2022 | Common Stock | 2,545 | 2,545 | D |
| Employee Stock OptionF3 | $44.42 | holding | — | — | — | May 10, 2013 | May 10, 2023 | Common Stock | 5,000 | 5,000 | D |
| Employee Stock OptionF3 | $47.03 | holding | — | — | — | May 9, 2014 | May 9, 2024 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock OptionF3 | $51.07 | holding | — | — | — | May 8, 2015 | May 8, 2025 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock OptionF3 | $57.74 | holding | — | — | — | May 6, 2016 | May 6, 2026 | Common Stock | 20,000 | 20,000 | D |
| Employee Stock OptionF3 | $59.41 | holding | — | — | — | May 5, 2017 | May 5, 2027 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Balance increased by January 31, 2018 Dividend Reinvestment Plan award and April 30, 2018 award of 17.750 shares and 19.872 shares, respectively.
- F2Balance increased by January 31, 2018 Dividend Reinvestment Plan award and April 30, 2018 award of 322.522 shares and 361.121 shares, respectively.
- F3The options vest 25% per year over four years from the date of grant.