0000907254-23-000028.txt : 20230404
0000907254-23-000028.hdr.sgml : 20230404
20230404155123
ACCESSION NUMBER: 0000907254-23-000028
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230403
FILED AS OF DATE: 20230404
DATE AS OF CHANGE: 20230404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Laycock Willoughby B.
CENTRAL INDEX KEY: 0001771496
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12254
FILM NUMBER: 23797070
MAIL ADDRESS:
STREET 1: 7501 WISCONSIN AVE.
STREET 2: SUITE 1400
CITY: BETHESDA
STATE: MD
ZIP: 20814
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SAUL CENTERS, INC.
CENTRAL INDEX KEY: 0000907254
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 521833074
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7501 WISCONSIN AVENUE
STREET 2: SUITE 1500
CITY: BETHESDA
STATE: MD
ZIP: 20814
BUSINESS PHONE: 301-986-7737
MAIL ADDRESS:
STREET 1: 7501 WISCONSIN AVENUE
STREET 2: SUITE 1500
CITY: BETHESDA
STATE: MD
ZIP: 20814
FORMER COMPANY:
FORMER CONFORMED NAME: SAUL CENTERS INC
DATE OF NAME CHANGE: 19930617
4
1
wf-form4_168063786965413.xml
FORM 4
X0407
4
2023-04-03
0
0000907254
SAUL CENTERS, INC.
BFS
0001771496
Laycock Willoughby B.
7501 WISCONSIN AVE.
SUITE 1400
BETHESDA
MD
20814
1
1
0
0
SVP-Res. Marketing Initiatives
0
Common Stock
297.602
I
Spouse-401K
Common Stock
293.944
I
Spouse
Common Stock
483.607
I
Self-Trust
Common Stock
1845
D
Phantom Stock
2023-04-03
4
A
0
160.166
38.71
A
Common Stock
160.166
2997.068
D
Employee Stock Option
55.71
2019-05-03
2029-05-03
Common Stock
5000.0
5000
D
Director Stock Option
55.71
2019-05-03
2029-05-03
Common Stock
2500.0
2500
D
Employee Stock Option
50.0
2020-04-24
2030-04-24
Common Stock
10000.0
10000
D
Director Stock Option
50.0
2020-04-24
2030-04-24
Common Stock
2500.0
2500
D
Employee Stock Option
43.89
2021-05-07
2031-05-07
Common Stock
10000.0
10000
D
Director Stock Option
43.89
2021-05-07
2031-05-07
Common Stock
2500.0
2500
D
Employee Stock Option
47.9
2022-05-13
2032-05-13
Common Stock
10000.0
10000
D
Director Stock Option
47.9
2022-05-13
2032-05-13
Common Stock
2500.0
2500
D
Balance increased by January 31, 2023 Dividend Reinvestment Plan award of 4.216 shares.
Shares owned in the reporting person's spouse's 401K account. The reporting person disclaims beneficial ownership of these shares.
Balance increased by January 31, 2023 Dividend Reinvestment Plan award of 4.164 shares.
Shares owned directly by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
Balance increased by January 31, 2023 Dividend Reinvestment Plan award of 6.851 shares.
Shares held in a trust, of which the reporting person is the sole beneficiary.
Phantom shares are issuable pursuant to the Issuer's Deferred Compensation Plan for Directors under its 2004 Stock Plan, as amended (the "Deferred Compensation Plan"). Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service.
The conversion of the phantom stock into shares of the Issuer's common stock is governed by the Deferred Compensation Plan and the reporting person's Deferred Fee Election Agreement.
Includes 40.191 shares ($41.0552/share) awarded January 31, 2023 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred Compensation Plan.
The options vest 25% per year over four years from the date of grant.
/s/ Carlos L. Heard, by Power of Attorney
2023-04-04