Donald A. Hachey - May 7, 2021 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Senior Vice Pres.-Construction
Signature
Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
May 7, 2021
Transactions value $
$438,900
Form type
4
Date filed
5/11/2021, 03:44 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 $439K +10K $43.89 10K May 7, 2021 Common Stock 10K $43.89 Direct F1
holding BFS Employee Stock Option 1.25K May 7, 2021 Common Stock 1.25K $47.03 Direct F1
holding BFS Employee Stock Option 2.5K May 7, 2021 Common Stock 2.5K $51.07 Direct F1
holding BFS Employee Stock Option 5K May 7, 2021 Common Stock 5K $57.74 Direct F1
holding BFS Employee Stock Option 5K May 7, 2021 Common Stock 5K $59.41 Direct F1
holding BFS Employee Stock Option 5K May 7, 2021 Common Stock 5K $49.46 Direct F1
holding BFS Employee Stock Option 5K May 7, 2021 Common Stock 5K $55.71 Direct F1
holding BFS Employee Stock Option 7.5K May 7, 2021 Common Stock 7.5K $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.