James Page Lansdale - Dec 2, 2021 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Director
Signature
Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
Dec 2, 2021
Transactions value $
-$101,967
Form type
4
Date filed
12/2/2021, 03:09 PM
Previous filing
Dec 2, 2021
Next filing
Dec 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Options Exercise $88.7K +2K +31.2% $44.42 8.4K Dec 2, 2021 Direct
transaction BFS Common Shares Sale -$102K -2K -23.78% $51.06 6.4K Dec 2, 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 -$88.7K -2K -100% $44.42 0 Dec 2, 2021 Common Stock 2K $44.42 Direct F1
holding BFS Employee Stock Option 30K Dec 2, 2021 Common Stock 30K $47.03 Direct F1
holding BFS Employee Stock Option 30K Dec 2, 2021 Common Stock 30K $51.07 Direct F1
holding BFS Employee Stock Option 30K Dec 2, 2021 Common Stock 30K $57.74 Direct F1
holding BFS Director Stock Option 2.5K Dec 2, 2021 Common Stock 2.5K $51.07 Direct F2
holding BFS Director Stock Option 2.5K Dec 2, 2021 Common Stock 2.5K $57.74 Direct F2
holding BFS Director Stock Option 2.5K Dec 2, 2021 Common Stock 2.5K $59.41 Direct F2
holding BFS Employee Stock Option 30K Dec 2, 2021 Common Stock 30K $59.41 Direct F1
holding BFS Employee Stock Option 30K Dec 2, 2021 Common Stock 30K $49.46 Direct F1
holding BFS Director Stock Option 2.5K Dec 2, 2021 Common Stock 2.5K $49.46 Direct F2
holding BFS Employee Stock Option 30K Dec 2, 2021 Common Stock 30K $55.71 Direct F1
holding BFS Director Stock Option 2.5K Dec 2, 2021 Common Stock 2.5K $55.71 Direct F2
holding BFS Director Stock Option 2.5K Dec 2, 2021 Common Stock 2.5K $50.00 Direct F2
holding BFS Director Stock Option 2.5K Dec 2, 2021 Common Stock 2.5K $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.