0000907254-23-000064.txt : 20230516 0000907254-23-000064.hdr.sgml : 20230516 20230516184240 ACCESSION NUMBER: 0000907254-23-000064 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230512 FILED AS OF DATE: 20230516 DATE AS OF CHANGE: 20230516 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SHERREN CHARLES W JR CENTRAL INDEX KEY: 0001228480 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12254 FILM NUMBER: 23929195 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_168427694939739.xml FORM 4 X0407 4 2023-05-12 0 0000907254 SAUL CENTERS, INC. BFS 0001228480 SHERREN CHARLES W JR 7501 WISCONSIN AVENUE 15TH FLOOR BETHESDA MD 20814 0 1 0 0 Sr. VP- Property Management 0 Common Shares 13604 I 401K Common Shares 844.326 D Employee Stock Option 47.03 2014-05-09 2024-05-09 Common Stock 10000.0 10000 D Employee Stock Option 51.07 2015-05-08 2025-05-08 Common Stock 10000.0 10000 D Employee Stock Option 57.74 2016-05-06 2026-05-06 Common Stock 10000.0 10000 D Employee Stock Option 59.41 2017-05-05 2027-05-05 Common Stock 10000.0 10000 D Employee Stock Option 49.46 2018-05-11 2028-05-11 Common Stock 10000.0 10000 D Employee Stock Option 55.71 2019-05-03 2029-05-03 Common Stock 10000.0 10000 D Employee Stock Option 50.0 2020-04-24 2030-04-24 Common Stock 10000.0 10000 D Employee Stock Option 43.89 2021-05-07 2031-05-07 Common Stock 10000.0 10000 D Employee Stock Option 47.9 2022-05-13 2032-05-13 Common Stock 10000.0 10000 D Employee Stock Option 33.79 2023-05-12 4 A 0 10000 0 A 2023-05-12 2033-05-12 Common Stock 10000.0 10000 D Effective April 1, 2009, shares formerly held by the B.F. Saul Company Employees' Profit Sharing Reinvestment Trust were distributed to the individual 401(k) plan accounts of participants. The number of shares reported represents the reporting person's beneficial ownership interest in the Saul Centers stock fund of the 401(k) plan. Balance increased by July 29, 2022 Dividend Reinvestment Plan award, October 31, 2022 award, January 31, 2023 award and April 28, 2023 award of 9.260 shares, 11.986 shares, 11.763 shares, and 14.029 shares, respectively. The options vest 25% per year over four years from the date of grant. /s/ Carlos L. Heard, by Power of Attorney 2023-05-16