0000907254-24-000076.txt : 20240521
0000907254-24-000076.hdr.sgml : 20240521
20240521202752
ACCESSION NUMBER: 0000907254-24-000076
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: Hachey Donald A
CENTRAL INDEX KEY: 0001667671
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12254
FILM NUMBER: 24971429
MAIL ADDRESS:
STREET 1: 7501 WISCONSIN AVENUE
STREET 2: SUITE 1500
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]
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_1716337663.xml
FORM 4
X0508
4
2024-05-17
0
0000907254
SAUL CENTERS, INC.
BFS
0001667671
Hachey Donald A
7501 WISCONSIN AVE
SUITE 1500
BETHESDA
MD
20814
0
1
0
0
Senior Vice Pres.-Construction
0
Common Stock
2024-05-17
4
A
0
1500
0
A
1500
D
Employee Stock Option
51.07
2015-05-08
2025-05-08
Common Stock
2500
2500
D
Employee Stock Option
57.74
2016-05-06
2026-05-06
Common Stock
5000
5000
D
Employee Stock Option
59.41
2017-05-05
2027-05-05
Common Stock
5000
5000
D
Employee Stock Option
49.46
2018-05-11
2028-05-11
Common Stock
5000
5000
D
Employee Stock Option
55.71
2019-05-03
2029-05-03
Common Stock
5000
5000
D
Employee Stock Option
50
2020-04-24
2030-04-24
Common Stock
7500
7500
D
Employee Stock Option
43.89
2021-05-07
2031-05-07
Common Stock
10000
10000
D
Employee Stock Option
47.90
2022-05-13
2032-05-13
Common Stock
10000
10000
D
Employee Stock Option
33.79
2023-05-12
2033-05-12
Common Stock
15000
15000
D
Performance Shares
0
2024-05-17
4
A
0
1500
0
A
2029-05-17
2029-05-17
Common Stock
1500
1500
D
Represents restricted shares of Common Stock. Such shares vest on the first five anniversaries of May 17, 2024 in equal annual installments, assuming continued employment.
The options vest 25% per year over four years from the date of grant.
The performance share award provides for the grant of restricted shares of Common Stock on each of the five anniversaries of May 17, 2024 in equal annual installments. The number of restricted shares of such grant that vest, if any, is (i) subject to cliff-vesting on May 17, 2029, and (2) achievement of performance criteria relating to the Companys target Funds from Operations available to common stockholders and noncontrolling interests (FFO) measured against an FFO amount included in the budget established by the Board of Directors annually prior to the start of such calendar year.
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