0000907254-24-000060.txt : 20240521 0000907254-24-000060.hdr.sgml : 20240521 20240521201203 ACCESSION NUMBER: 0000907254-24-000060 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240517 FILED AS OF DATE: 20240521 DATE AS OF CHANGE: 20240521 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CHAPOTON JOHN E CENTRAL INDEX KEY: 0001144844 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12254 FILM NUMBER: 24971401 MAIL ADDRESS: STREET 1: BROWN INVESTMENT ADVISORY INCORPORATED STREET 2: 1717 H STREET, NW, FIFTH FLOOR CITY: WASHINGTON STATE: DC ZIP: 20006 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SAUL CENTERS, INC. CENTRAL INDEX KEY: 0000907254 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction 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 wk-form4_1716336709.xml FORM 4 X0508 4 2024-05-17 0 0000907254 SAUL CENTERS, INC. BFS 0001144844 CHAPOTON JOHN E 7501 WISCONSIN AVENUE 15TH FLOOR BETHESDA MD 20814 1 0 0 0 0 Common Stock 2024-05-17 4 A 0 2000 0 A 9466.078 D Director Stock Option 51.07 2015-05-08 2025-05-08 Common Stock 2500 2500 D Director Stock Option 57.74 2016-05-06 2026-05-06 Common Stock 2500 2500 D Director Stock Option 59.41 2017-05-05 2027-05-05 Common Stock 2500 2500 D Director Stock Option 49.46 2018-05-11 2028-05-11 Common Stock 2500 2500 D Director Stock Option 55.71 2019-05-03 2029-05-03 Common Stock 2500 2500 D Director Stock Option 50 2020-04-24 2030-04-24 Common Stock 2500 2500 D Director Stock Option 43.89 2021-05-07 2031-05-07 Common Stock 2500 2500 D Director Stock Option 47.90 2022-05-13 2032-05-13 Common Stock 2500 2500 D Director Stock Option 33.79 2023-05-12 2033-05-12 Common Stock 2500 2500 D Phantom Stock Common Stock 24045.973 24045.973 D Represents restricted shares of Common Stock. Such shares vest on the first three anniversaries of May 17, 2024 in equal annual installments, assuming continued service. Pursuant to the issuer's Deferred Compensation Plan under its 2004 Stock Plan and the Deferred Fee Agreement executed by the reporting person, the reporting person has elected to defer receipt of his director's fees, and receive phantom stock, the amount of which is calculated as the quotient of the dollar value of fees deferred, divided by the fair market value of the issuer's shares on the date the phantom stock is received. 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 phantom stock into shares of the issuer's common stock is governed pursuant to terms of the issuer's Deferred Compensation Plan under its 2004 Stock Plan, as amended, and the reporting person's Deferred Fee Agreement. 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. 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 397.408 shares awarded April 30, 2024 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred Compensation Plan. Previous beneficial ownership reports filed pursuant to Section 16(a) by the reporting person referred to the Issuer's Common Stock, par value $0.01 per share as "Common Shares." Going forward, such shares will be referred to as "Common Stock." /s/ Carlos L. Heard, by Power of Attorney 2024-05-21