| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | BFS | Common Shares | 4.07K | Oct 1, 2021 | See footnote | F1 | |||||
| holding | BFS | Common Shares | 3K | Oct 1, 2021 | See footnote | F2 | |||||
| holding | BFS | Common Shares | 35.1K | Oct 1, 2021 | See footnote | F3 | |||||
| holding | BFS | Common Shares | 404K | Oct 1, 2021 | See footnote | F4 | |||||
| holding | BFS | Common Shares | 534K | Oct 1, 2021 | See footnote | F5 | |||||
| holding | BFS | Common Shares | 2.77K | Oct 1, 2021 | See footnote | F6 | |||||
| holding | BFS | Common Shares | 146K | Oct 1, 2021 | See footnote | F7 | |||||
| holding | BFS | Common Shares | 8.32K | Oct 1, 2021 | See footnote | F8 | |||||
| holding | BFS | Common Shares | 346K | Oct 1, 2021 | See footnote | F9, F10 | |||||
| holding | BFS | Common Shares | 386K | Oct 1, 2021 | See footnote | F11, F12 | |||||
| holding | BFS | Common Shares | 5.27K | Oct 1, 2021 | 401K | F13, F14 | |||||
| holding | BFS | Common Shares | 116K | Oct 1, 2021 | 401K | F15, F16 | |||||
| holding | BFS | Common Shares | 136K | Oct 1, 2021 | See footnote | F17, F18 | |||||
| holding | BFS | Common Shares | 8.32M | Oct 1, 2021 | See footnote | F19, F20 | |||||
| holding | BFS | Common Shares | 75.4K | Oct 1, 2021 | Direct | F21 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BFS | Phantom Stock | Award | $6.2K | +135 | +0.35% | $45.87 | 38.6K | Oct 1, 2021 | Common Stock | 135 | $45.87 | Direct | F22, F23, F24 |
| holding | BFS | Director Stock Option | 2.5K | Oct 1, 2021 | Common Stock | 2.5K | $51.07 | Direct | ||||||
| holding | BFS | Director Stock Option | 2.5K | Oct 1, 2021 | Common Stock | 2.5K | $57.74 | Direct | ||||||
| holding | BFS | Director Stock Option | 2.5K | Oct 1, 2021 | Common Stock | 2.5K | $59.41 | Direct | ||||||
| holding | BFS | Director Stock Option | 2.5K | Oct 1, 2021 | Common Stock | 2.5K | $49.46 | Direct | ||||||
| holding | BFS | Director Stock Option | 2.5K | Oct 1, 2021 | Common Stock | 2.5K | $55.71 | Direct | ||||||
| holding | BFS | Director Stock Option | 2.5K | Oct 1, 2021 | Common Stock | 2.5K | $50.00 | Direct | ||||||
| holding | BFS | Director Stock Option | 2.5K | Oct 1, 2021 | Common Stock | 2.5K | $43.89 | Direct | ||||||
| holding | BFS | Units | 8.08M | Oct 1, 2021 | Units | 8.08M | Direct | F25 |
| Id | Content |
|---|---|
| F1 | These securities are held directly by The Sharon Elizabeth Saul Trust (the "SES Trust"). B Francis Saul II is the trustee of the SES Trust and, as such, he may be deemed to beneficially own the securities held by the SES Trust. |
| F2 | These securities are held directly by The Andrew M. Saul Trust (the "AMS Trust"). B Francis Saul II is the trustee of the AMS Trust and, as such, he may be deemed to beneficially own the securities held by the AMS Trust. |
| F3 | These securities are held directly by Van Ness Square Corporation ("Van Ness"). B. Francis Saul II is the Chairman of the Board and the Chief Executive Officer of Van Ness and, as such, he may be deemed to beneficially own the securities held by Van Ness. |
| F4 | These securities are held directly by Westminster Investing L.L.C. ("Westminster"). B. Francis Saul II is the Chairman of the Board and the Chief Executive Officer of Westminster and, as such, he may be deemed to beneficially own the securities held by Westminster. |
| F5 | These securities are held directly by Dearborn, L.L.C. ("Dearborn"). B. F. Saul Real Estate Investment Trust ("Saul Trust") is the sole member of Dearborn and, as such, it may be deemed to beneficially own the securities held by Dearborn. Saul Company is the controlling equity holder of Saul Trust and, as such, it may be deemed to beneficially own the securities held by Saul Trust. B. Francis Saul II is the Chairman of the Board and the Chief Executive Officer of Saul Company and, as such, he may be deemed to beneficially own the securities held by Saul Company. |
| F6 | These securities are held directly by Avenel Executive Park Phase II, L.L.C. ("Avenel"). Saul Trust is the sole member of Avenel and, as such, it may be deemed to beneficially own the securities held by Avenel. Saul Company is the controlling equity holder of Saul Trust and, as such, it may be deemed to beneficially own the securities held by Saul Trust. B. Francis Saul II is the Chairman of the Board and the Chief Executive Officer of Saul Company and, as such, he may be deemed to beneficially own the securities held by Saul Company. |
| F7 | These securities are held directly by SHLP Unit Acquisition Corp. ("SHLP"). Saul Trust is the sole shareholder of SHLP and, as such, it may be deemed to beneficially own the securities held by SHLP. Saul Company is the controlling equity holder of Saul Trust and, as such, it may be deemed to beneficially own the securities held by Saul Trust. B. Francis Saul II is the Chairman of the Board and the Chief Executive Officer of Saul Company and, as such, he may be deemed to beneficially own the securities held by Saul Company. |
| F8 | These securities are held directly by The Patricia English Saul Trust (the "PES Trust"). B Francis Saul II is the trustee of the PES Trust and, as such, he may be deemed to beneficially own the securities held by the PES Trust. |
| F9 | Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 4,224.680 shares. |
| F10 | These securities are held directly by the B.F. Saul Company. B. Francis Saul II is the Chairman of the Board and the Chief Executive Officer of the B.F. Saul Company and, as such, he may be deemed to beneficially own the securities held by the B.F. Saul Company. |
| F11 | Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 4,720.389 shares. |
| F12 | These securities are held directly by B.F. Saul Property Company ("Saul Property"). B.F. Saul Company ("Saul Company") is the sole equity holder of Saul Property and, as such, it may be deemed to beneficially own the securities held by Saul Property. B. Francis Saul II is the Chairman of the Board and the Chief Executive Officer of Saul Company and, as such, he may be deemed to beneficially own the securities held by Saul Company. |
| F13 | Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 42.692 shares. |
| F14 | These securities are held directly by a 401(k) plan of which Patricia E. Saul is a beneficiary. B. Francis Saul II is the spouse of Patricia E. Saul and, as such, he may be deemed to beneficially own the securities held by Patricia E. Saul. |
| F15 | Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 953.040 shares. |
| F16 | These securities are held directly by a 401(k) plan of which B. Francis Saul II is a beneficiary. |
| F17 | Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 1,657.191 shares. |
| F18 | These securities are held directly by Patricia E. Saul. B. Francis Saul II is the spouse of Patricia E. Saul and, as such, he may be deemed to beneficially own the securities held by Patricia E. Saul. |
| F19 | Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 45,003.943 shares. |
| F20 | These securities are held directly by the Saul Trust. B. Francis Saul II is the Chairman of the Board and the majority equityholder and, as such, he may be deemed to beneficially own the securities held by the Saul Trust. |
| F21 | Balance increased by July 30, 2021 Dividend Reinvestment Plan award of 921.600 shares. |
| F22 | Shares of phantom stock are convertible into shares of the Issuer's common stock on a one for one basis. |
| F23 | The terms governing the conversion of the phantom stock into shares of the Issuer's common stock are contained in the Issuer's Deferred Compensation Plan, a copy of which has been filed with the Securities and Exchange Commission as part of the Issuer's proxy statement for its 2019 annual meeting. |
| F24 | Includes 470.343 shares ($44.4405/share) awarded July 30, 2021 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the issuer's Deferred Compensation Plan under its 2004 Stock Plan and shares of phantom stock issued under the issuer's Deferred Compensation Stock Plan for Directors. |
| F25 | Represents units of limited partnership interest in Saul Holdings Limited Partnership ("SHLP"), of which the Issuer is the general partner. In general, the units are convertible into shares of the Issuer's common stock on a one-for-one basis provided that, in accordance with the Articles of Incorporation of the Issuer, the right to convert may not be exercised at any time that the B. Francis Saul II, family members of B. Francis Saul II, entities controlled by B. Francis Saul II and other affiliates of B. Francis Saul II beneficially owns, directly or indirectly, in the aggregate more than 39.9% of the value of the Issuer's outstanding common stock and preferred stock. As of October 1, 2021, 7,074,481 units are not convertible. |