James Page Lansdale - 01 Dec 2021 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Director
Signature
Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
01 Dec 2021
Net transactions value
-$127,500
Form type
4
Filing time
02 Dec 2021, 09:40:08 UTC
Previous filing
30 Nov 2021
Next filing
02 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Options Exercise $19,527 +497 +7.8% $39.29 6,897 01 Dec 2021 Direct
transaction BFS Common Shares Options Exercise $88,973 +2,003 +29% $44.42 8,900 01 Dec 2021 Direct
transaction BFS Common Shares Sale $127,500 -2,500 -28% $51.00 6,400 01 Dec 2021 Direct

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 Options Exercise $19,527 -497 -100% $39.29 0 01 Dec 2021 Common Stock 497 $39.29 Direct F1
transaction BFS Employee Stock Option Options Exercise $88,973 -2,003 -50% $44.42 1,997 01 Dec 2021 Common Stock 2,003 $44.42 Direct F1
holding BFS Employee Stock Option 30,000 01 Dec 2021 Common Stock 30,000 $47.03 Direct F1
holding BFS Employee Stock Option 30,000 01 Dec 2021 Common Stock 30,000 $51.07 Direct F1
holding BFS Employee Stock Option 30,000 01 Dec 2021 Common Stock 30,000 $57.74 Direct F1
holding BFS Director Stock Option 2,500 01 Dec 2021 Common Stock 2,500 $51.07 Direct F2
holding BFS Director Stock Option 2,500 01 Dec 2021 Common Stock 2,500 $57.74 Direct F2
holding BFS Director Stock Option 2,500 01 Dec 2021 Common Stock 2,500 $59.41 Direct F2
holding BFS Employee Stock Option 30,000 01 Dec 2021 Common Stock 30,000 $59.41 Direct F1
holding BFS Employee Stock Option 30,000 01 Dec 2021 Common Stock 30,000 $49.46 Direct F1
holding BFS Director Stock Option 2,500 01 Dec 2021 Common Stock 2,500 $49.46 Direct F2
holding BFS Employee Stock Option 30,000 01 Dec 2021 Common Stock 30,000 $55.71 Direct F1
holding BFS Director Stock Option 2,500 01 Dec 2021 Common Stock 2,500 $55.71 Direct F2
holding BFS Director Stock Option 2,500 01 Dec 2021 Common Stock 2,500 $50.00 Direct F2
holding BFS Director Stock Option 2,500 01 Dec 2021 Common Stock 2,500 $43.89 Direct
* 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.
F2 The options vest immediately on the date of grant.