Key facts
- This page summarizes John E. Chapoton's Form 4 filing for SAUL CENTERS, INC. (BFS).
- 1 reported transaction and 10 derivative rows are listed below.
- Accepted by SEC: 12 Jul 2022, 17:23.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
No transaction description listed
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Additional SEC filing notes
Footnote F1
Phantom shares are issuable pursuant to the Issuer's Deferred Compensation Plan for Directors under its 2004 Stock Plan, as amended (the "Deferred Compensation Plan"). Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service.
Footnote F2
On July 8, 2022, the Issuer granted 24.948 phantom shares ($48.10/share) to compensate the reporting person for phantom shares the Issuer should have awarded to the reporting person on April 1, 2022 pursuant to the Deferred Compensation Plan.
Footnote F3
The conversion of the phantom stock into shares of the Issuer's common stock is governed by the Deferred Compensation Plan and the reporting person's Deferred Fee Election Agreement.
Footnote F4
Includes 0.284 phantom shares ($50.0617/share) granted on July 8, 2022 to compensate the reporting person for a lost dividend reinvestment that would have been awarded on April 29, 2022 on phantom shares the Issuer should have awarded to the reporting person on April 1, 2022 pursuant to the Deferred Compensation Plan.