Christine Nicolaides Kearns - 07 May 2021 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Exec VP/Chief Legal/Admin Off
Signature
Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
07 May 2021
Net transactions value
+$1,097,250
Form type
4
Filing time
11 May 2021, 15:36:39 UTC
Next filing
17 May 2022
SEC
View on sec.gov

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 $1,097,250 +25,000 $43.89 25,000 07 May 2021 Common Stock 25,000 $43.89 Direct F1
holding BFS Employee Stock Option 20,000 07 May 2021 Common Stock 20,000 $51.07 Direct F1
holding BFS Employee Stock Option 25,000 07 May 2021 Common Stock 25,000 $57.74 Direct F1
holding BFS Employee Stock Option 25,000 07 May 2021 Common Stock 25,000 $59.41 Direct F1
holding BFS Employee Stock Option 25,000 07 May 2021 Common Stock 25,000 $49.46 Direct F1
holding BFS Employee Stock Option 25,000 07 May 2021 Common Stock 25,000 $55.71 Direct F1
holding BFS Employee Stock Option 25,000 07 May 2021 Common Stock 25,000 $50.00 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.