SEC Form 4 · accession 0000907254-18-000081
SAUL CENTERS, INC. · BFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Debra Noreen Stencel
Officer — Senior VP & General Counsel
Period of report
Sep 7, 2018
Accepted (ET)
Sep 10, 2018 · 1:04 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 7, 2018 | M | 501 | $47.03 | A | 501 | D | |
| Common Shares | Sep 7, 2018 | S | 501 | $59.65 | 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 | $47.03 | Sep 7, 2018 | M | 501 | D | May 9, 2014 | May 9, 2024 | Common Shares | 501 | 4,499 | D |
| Employee Stock OptionF1 | $51.07 | holding | — | — | — | May 8, 2015 | May 8, 2025 | Common Shares | 5,000 | 5,000 | 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 |
| Employee Stock Option | $49.46 | holding | — | — | — | May 11, 2018 | May 11, 2028 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The options vest 25% per year over four years from the date of grant.