James Page Lansdale - Dec 7, 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 7, 2021
Transactions value $
-$44,113
Form type
4
Date filed
12/8/2021, 12:12 PM
Previous filing
Dec 2, 2021
Next filing
Dec 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Options Exercise $39.1K +832 +13% $47.03 7.23K Dec 7, 2021 Direct
transaction BFS Common Shares Sale -$44.1K -832 -11.5% $53.02 6.4K Dec 7, 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 -$39.1K -832 -2.77% $47.03 29.2K Dec 7, 2021 Common Stock 832 $47.03 Direct F1
holding BFS Employee Stock Option 30K Dec 7, 2021 Common Stock 30K $51.07 Direct F1
holding BFS Employee Stock Option 30K Dec 7, 2021 Common Stock 30K $57.74 Direct F1
holding BFS Director Stock Option 2.5K Dec 7, 2021 Common Stock 2.5K $51.07 Direct F2
holding BFS Director Stock Option 2.5K Dec 7, 2021 Common Stock 2.5K $57.74 Direct F2
holding BFS Director Stock Option 2.5K Dec 7, 2021 Common Stock 2.5K $59.41 Direct F2
holding BFS Employee Stock Option 30K Dec 7, 2021 Common Stock 30K $59.41 Direct F1
holding BFS Employee Stock Option 30K Dec 7, 2021 Common Stock 30K $49.46 Direct F1
holding BFS Director Stock Option 2.5K Dec 7, 2021 Common Stock 2.5K $49.46 Direct F2
holding BFS Employee Stock Option 30K Dec 7, 2021 Common Stock 30K $55.71 Direct F1
holding BFS Director Stock Option 2.5K Dec 7, 2021 Common Stock 2.5K $55.71 Direct F2
holding BFS Director Stock Option 2.5K Dec 7, 2021 Common Stock 2.5K $50.00 Direct F2
holding BFS Director Stock Option 2.5K Dec 7, 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.