Judith K. Garland - May 7, 2021 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
SVP, Office and Retail
Signature
Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
May 7, 2021
Transactions value $
$219,450
Form type
4
Date filed
5/11/2021, 03:30 PM
Next filing
May 17, 2022

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 Employee Stock Option Award $219K +5K $43.89 5K May 7, 2021 Common Stock 5K $43.89 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest 25% per year over four years from the date of grant.