Form 4 for BFS SAUL CENTERS, INC.
Accepted 2024-05-21 00:00:00 ET · period of report 2024-05-17 · accession 0000907254-24-000077 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-05-21 | 2024-05-17 | BFS | Friedlis Zachary Maxwell | SVP-Dir of Leasing | A - Grant | $0.00 | +1,500 | 2,321 | +183% | $0 |
| D | 2024-05-21 | 2024-05-17 | BFS | Friedlis Zachary Maxwell | SVP-Dir of Leasing | A - Grant | $0.00 | +1,500 | 1,500 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-05-17 | A | A | 1,500 | $0.00 | 2,321.48 | D | — | — | (F1) 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. |
| 2 | Derivative | Performance Shares | 2024-05-17 | A | A | 1,500 | $0.00 | 1,500 | D | $0.00 · 2029-05-17 to 2029-05-17 | 1,500 Common Stock | (F2) 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. |