FORM
4 [ ] Check this box if
no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
UNITED STATES SECURITIES AND EXCHANGE
COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting
Person*
Caraci, Philip
(Last)
(First)
(Middle)
7501 Wisconsin
Avenue
15th Floor
(Street)
Bethesda, MD
20814
(City)
(State)
(Zip) |
2. Issuer Name and Ticker or Trading Symbol Saul Centers,
Inc.
BFS 3. I.R.S.
Identification
Number of Reporting Person, if an entity (voluntary) 52-1833074 |
4. Statement
for (Month/Day/Year 04/25/2003 5. If
Amendment, Date of Original (Month/Day/Year) |
6. Relationship of Reporting
Person(s) to Issuer
(Check all
applicable) X Director
10% Owner
Officer (give
title below) Other (specify
below) Description
Vice Chairman
7. Individual or
Joint/Group Filing (Check Applicable Line) X Form filed by One
Reporting Person
Form
filed by More than One Reporting
Person |
Table I -
Non-Derivative Securities Acquired, Disposed of, or Beneficially
Owned | |||||||||||||||
1. Title of
Security (Instr. 3) |
2.Transaction Date (Month/Day/Year) |
2A. Deemed Execution Date, if
any (Month/Day/Year) |
3.
Transaction Code (Instr. 8) |
4.
Securities Acquired (A) or Disposed Of
(D) (Instr. 3, 4, and 5) |
5. Amount
of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) |
6.
Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4) |
7. Nature
of Indirect Beneficial Ownership (Instr. 4) | ||||||||
Code |
V |
Amount |
A/D |
Price | |||||||||||
Common
Shares |
04/25/2003 |
|
A |
|
100 |
A |
$24.40 |
24,507.261 |
D
|
Self-Trust | |||||
|
04/25/2003 |
|
G |
|
50 |
D |
$24.40 |
49,005.829 |
D
|
Wife's
Trust | |||||
|
|
|
|
|
|
|
$ |
8,922.000 |
D
|
IRA | |||||
|
|
|
|
|
|
|
$ |
2,570.000 |
I
|
Wife's
IRA | |||||
|
|
|
|
|
|
|
$ |
1,190,937.475 |
I
|
Saul Profit Sharing
Trust | |||||
|
|
|
|
|
|
|
$ |
|
|
|
Table II -
Derivative Securities Acquired, Disposed of, or Beneficially
Owned
(e.g., puts, calls,
warrants, options, convertible securities) | |||||||||||||||
1. Title of Derivative
Security (Instr. 3) |
2.
Conver- sion or Exercise Price of Deri- vative Security |
3. Transaction
Date (Month/ Day/ Year) |
3A. Deemed Execution Date, if any
(Month/ Day/ Year) |
4.
Transaction Code (Instr.8) |
5.
Number of Derivative Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) |
6. Date Exercisable(DE)
and Expiration Date(ED) (Month/Day/Year) |
7. Title and Amount
of Underlying Securities (Instr. 3 and 4) |
8.
Price of Derivative Security (Instr.5) |
9.
Number
of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr.4) |
10.
Owner- ship Form of Deriv- ative Securities: Direct (D) or Indirect (I) (Instr.4) |
11.
Nature
of Indirect Beneficial Ownership (Instr.4) | ||||
Code |
V
|
A |
D
|
DE |
ED |
Title |
Amount or Number of
Shares | ||||||||
Employee Stock Option | $ |
|
|
|
|
|
|
$ |
7,412 |
D
|
Explanation of Responses:
|
By: | Date: |
/s/ Philip D. Caraci | 04/29/2003 |
Philip D. Caraci | |
** Signature of Reporting Person |
SEC 1474
(9-02) |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |