NOONAN PATRICK F 4
4 · SAUL CENTERS INC · Filed Jan 4, 2018
Insider Transaction Report
Form 4
NOONAN PATRICK F
Director
Holdings
- 6,016(indirect: By Spouse)
Common Shares
- 10,168.73
Common Shares
- 42,516.405
Phantom Stock
Exercise: $61.86→ Common Stock (42,516.405 underlying) - 2,500
Director Stock Option
Exercise: $59.41From: 2017-05-05Exp: 2027-05-05→ Common Stock (2,500 underlying)
Footnotes (5)
- [F1]Balance increased by October 31, 2017 Dividend Reinvestment Plan award of 39.790 shares.
- [F2]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.
- [F3]1 for 1
- [F4]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.
- [F5]Includes 362.356 shares ($59.3300/share) awarded October 31, 2017 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the issuer's Deferred Compensation Plan under its 2004 Stock Plan and shares of phantom stock issued under the issuer's Deferred Compensation Stock Plan for Directors.