James Page Lansdale - 08 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
08 Dec 2021
Net transactions value
-$374,639
Form type
4
Filing time
09 Dec 2021, 11:18:00 UTC
Previous filing
08 Dec 2021
Next filing
30 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Options Exercise $332,314 +7,066 +110% $47.03 13,466 08 Dec 2021 Direct
transaction BFS Common Shares Sale $374,639 -7,066 -52% $53.02 6,400 08 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 $332,314 -7,066 -24% $47.03 22,102 08 Dec 2021 Common Stock 7,066 $47.03 Direct F1
holding BFS Employee Stock Option 30,000 08 Dec 2021 Common Stock 30,000 $51.07 Direct F1
holding BFS Employee Stock Option 30,000 08 Dec 2021 Common Stock 30,000 $57.74 Direct F1
holding BFS Director Stock Option 2,500 08 Dec 2021 Common Stock 2,500 $51.07 Direct F2
holding BFS Director Stock Option 2,500 08 Dec 2021 Common Stock 2,500 $57.74 Direct F2
holding BFS Director Stock Option 2,500 08 Dec 2021 Common Stock 2,500 $59.41 Direct F2
holding BFS Employee Stock Option 30,000 08 Dec 2021 Common Stock 30,000 $59.41 Direct F1
holding BFS Employee Stock Option 30,000 08 Dec 2021 Common Stock 30,000 $49.46 Direct F1
holding BFS Director Stock Option 2,500 08 Dec 2021 Common Stock 2,500 $49.46 Direct F2
holding BFS Employee Stock Option 30,000 08 Dec 2021 Common Stock 30,000 $55.71 Direct F1
holding BFS Director Stock Option 2,500 08 Dec 2021 Common Stock 2,500 $55.71 Direct F2
holding BFS Director Stock Option 2,500 08 Dec 2021 Common Stock 2,500 $50.00 Direct F2
holding BFS Director Stock Option 2,500 08 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.