Donald A. Hachey - 07 May 2021 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Signature
Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
07 May 2021
Net transactions value
+$438,900
Form type
4
Filing time
11 May 2021, 15:44:00 UTC
Next filing
17 May 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 $438,900 +10,000 $43.89 10,000 07 May 2021 Common Stock 10,000 $43.89 Direct F1
holding BFS Employee Stock Option 1,250 07 May 2021 Common Stock 1,250 $47.03 Direct F1
holding BFS Employee Stock Option 2,500 07 May 2021 Common Stock 2,500 $51.07 Direct F1
holding BFS Employee Stock Option 5,000 07 May 2021 Common Stock 5,000 $57.74 Direct F1
holding BFS Employee Stock Option 5,000 07 May 2021 Common Stock 5,000 $59.41 Direct F1
holding BFS Employee Stock Option 5,000 07 May 2021 Common Stock 5,000 $49.46 Direct F1
holding BFS Employee Stock Option 5,000 07 May 2021 Common Stock 5,000 $55.71 Direct F1
holding BFS Employee Stock Option 7,500 07 May 2021 Common Stock 7,500 $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.