0000907254-23-000059.txt : 20230516 0000907254-23-000059.hdr.sgml : 20230516 20230516184107 ACCESSION NUMBER: 0000907254-23-000059 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: NETTER CHRISTOPHER CENTRAL INDEX KEY: 0001228473 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12254 FILM NUMBER: 23929186 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_168427685277605.xml FORM 4 X0407 4 2023-05-12 0 0000907254 SAUL CENTERS, INC. BFS 0001228473 NETTER CHRISTOPHER 7501 WISCONSIN AVENUE 15TH FLOOR BETHESDA MD 20814 0 1 0 0 Exec. Vice Pres-Retail Leasing 0 Series E Preferred Stock 650 D Common Shares 736.665 I Wife-IRA Common Shares 344.123 D Common Shares 1745 I 401K Employee Stock Option 47.03 2014-05-09 2024-05-09 Common Stock 15000.0 15000 D Employee Stock Option 51.07 2015-05-08 2025-05-08 Common Stock 20000.0 20000 D Employee Stock Option 57.74 2016-05-06 2026-05-06 Common Stock 20000.0 20000 D Employee Stock Option 59.41 2017-05-05 2027-05-05 Common Stock 20000.0 20000 D Employee Stock Option 49.46 2018-05-11 2028-05-11 Common Stock 20000.0 20000 D Employee Stock Option 55.71 2019-05-03 2029-05-03 Common Stock 20000.0 20000 D Employee Stock Option 50.0 2020-04-24 2030-04-24 Common Stock 20000.0 20000 D Employee Stock Option 43.89 2021-05-07 2031-05-07 Common Stock 25000.0 25000 D Employee Stock Option 47.9 2022-05-13 2032-05-13 Common Stock 25000.0 25000 D Employee Stock Option 33.79 2023-05-12 4 A 0 25000 0 A 2023-05-12 2033-05-12 Common Stock 25000.0 25000 D Balance increased by July 29, 2022 Dividend Reinvestment Plan award, October 31, 2022, January 31, 2023 award and April 28, 2023 award of 8.079 shares, 10.458 shares, 10.263 shares and 12.240 shares, respectively. Balance increased by July 29, 2022 Dividend Reinvestment Plan award, October 31, 2022, January 31, 2023 award and April 28, 2023 award of 3.774 shares, 4.885 shares, 4.794 shares and 5.718 shares, respectively. 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. 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