NOONAN PATRICK F 4
4 · SAUL CENTERS INC · Filed May 14, 2018
Insider Transaction Report
Form 4
NOONAN PATRICK F
Director
Transactions
- Award
Common Shares
2018-05-11$49.46/sh+200$9,892→ 10,466.352 total - Award
Stock Option
2018-05-11$49.46/sh+2,500$123,650→ 2,500 totalExercise: $49.46From: 2018-05-11Exp: 2028-05-11→ Common Stock (2,500 underlying)
Holdings
- 6,016(indirect: By Spouse)
Common Shares
- 43,405.4
Phantom Stock
Exercise: $49.75→ Common Stock (43,405.4 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 April 30, 2018 Dividend Reinvestment Plan award of 51.566 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 469.594 shares ($47.5445/share) awarded April 30, 2018 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.