NOONAN PATRICK F 4

4 · SAUL CENTERS INC · Filed Sep 28, 2017

Form 4

Period: 2017-09-27

Director

Transactions

Sale
Common Shares
2017-09-27$62.52/sh−1,001$62,583→ 10,128.94 total
Sale
Common Shares
2017-09-28$62.50/sh−3,999$249,938→ 10,128.94 total
Exercise/Conversion
Common Shares
2017-09-27$51.07/sh+1,001$51,121→ 11,129.94 total
Exercise/Conversion
Common Shares
2017-09-28$51.07/sh+1,499$76,554→ 11,627.94 total
Exercise/Conversion
Stock Option
2017-09-27$51.07/sh−1,001$51,121→ 1,499 total
Exercise: $51.07From: 2015-05-08Exp: 2025-05-08→ Common Stock (1,001 underlying)
Exercise/Conversion
Common Shares
2017-09-28$57.74/sh+2,500$144,350→ 14,127.94 total
Exercise/Conversion
Stock Option
2017-09-28$51.07/sh−1,499$76,554→ 0 total
Exercise: $51.07From: 2015-05-08Exp: 2025-05-08→ Common Stock (1,499 underlying)
Exercise/Conversion
Stock Option
2017-09-28$57.74/sh−2,500$144,350→ 0 total
Exercise: $57.74From: 2016-05-06Exp: 2026-05-06→ Common Stock (2,500 underlying)

Holdings

Common Shares
(indirect: By Spouse)
6,016
Stock Option
Exercise: $59.41From: 2017-05-05Exp: 2027-05-05→ Common Stock (2,500 underlying)
2,500
Phantom Stock
Exercise: $59.18→ Common Stock (42,154.049 underlying)
42,154.049

Footnotes (3)

[F1]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.
[F2]1 for 1
[F3]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.

Documents

2 files