SEC Form 4 · accession 0000907254-18-000058
SAUL CENTERS, INC. · BFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Underwood
Officer — Vice President-Residential
Period of report
May 11, 2018
Accepted (ET)
May 14, 2018 · 4:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000907254
Table I — non-derivative securities
No Table I lines on this filing.
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 | $49.46 | May 11, 2018 | A | 2,500 | A | May 11, 2018 | May 11, 2028 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1The options vest 25% per year over four years from the date of grant.