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