Mark Sullivan III - May 7, 2021 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Director
Signature
Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
May 7, 2021
Transactions value $
$118,503
Form type
4
Date filed
5/11/2021, 11:30 AM
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Award $8.78K +200 +5.26% $43.89 4K May 7, 2021 Direct F4
holding BFS Common Shares 800 May 7, 2021 Co-trustee of Trust F1
holding BFS Common Shares 8.51K May 7, 2021 Direct F2
holding BFS Common Shares 1.46K May 7, 2021 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFS Director Stock Option Award $110K +2.5K $43.89 2.5K May 7, 2021 Common Stock 2.5K $43.89 Direct
holding BFS Stock Option 2.5K May 7, 2021 Common Stock 2.5K $41.82 Direct
holding BFS Stock Option 2.5K May 7, 2021 Common Stock 2.5K $39.29 Direct
holding BFS Stock Option 2.5K May 7, 2021 Common Stock 2.5K $44.42 Direct
holding BFS Stock Option 2.5K May 7, 2021 Common Stock 2.5K $47.03 Direct
holding BFS Stock Option 2.5K May 7, 2021 Common Stock 2.5K $51.07 Direct
holding BFS Stock Option 2.5K May 7, 2021 Common Stock 2.5K $57.74 Direct
holding BFS Stock Option 2.5K May 7, 2021 Common Stock 2.5K $59.41 Direct
holding BFS Stock Option 2.5K May 7, 2021 Common Stock 2.5K $49.46 Direct
holding BFS Stock Option 2.5K May 7, 2021 Common Stock 2.5K $55.71 Direct
holding BFS Director Stock Option 2.5K May 7, 2021 Common Stock 2.5K $50.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Sullivan is co-trustee of the trust. The beneficiaries of the trust are his brother and his brother's children. Mr. Sullivan disclaims any beneficial ownership in the shares held by the trust.
F2 IRA
F3 SEP IRA
F4 Self-Direct