Mark Sullivan III - 21 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
21 Dec 2021
Net transactions value
-$130,090
Form type
4
Filing time
23 Dec 2021, 11:20:06 UTC
Previous filing
11 May 2021
Next filing
17 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Options Exercise $58,935 +1,500 +38% $39.29 5,500 21 Dec 2021 Direct F4
transaction BFS Common Shares Sale $78,090 -1,500 -27% $52.06 4,000 21 Dec 2021 Direct F4
transaction BFS Common Shares Options Exercise $39,290 +1,000 +25% $39.29 5,000 22 Dec 2021 Direct F4
transaction BFS Common Shares Sale $52,000 -1,000 -20% $52.00 4,000 22 Dec 2021 Direct F4
holding BFS Common Shares 800 21 Dec 2021 Co-trustee of Trust F1
holding BFS Common Shares 8,510 21 Dec 2021 Direct F2
holding BFS Common Shares 1,463 21 Dec 2021 Direct F3

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 Stock Option Options Exercise $58,935 -1,500 -60% $39.29 1,000 21 Dec 2021 Common Stock 1,500 $39.29 Direct
transaction BFS Stock Option Options Exercise $39,290 -1,000 -100% $39.29 0 22 Dec 2021 Common Stock 1,000 $39.29 Direct
holding BFS Stock Option 2,500 21 Dec 2021 Common Stock 2,500 $44.42 Direct
holding BFS Stock Option 2,500 21 Dec 2021 Common Stock 2,500 $47.03 Direct
holding BFS Stock Option 2,500 21 Dec 2021 Common Stock 2,500 $51.07 Direct
holding BFS Stock Option 2,500 21 Dec 2021 Common Stock 2,500 $57.74 Direct
holding BFS Stock Option 2,500 21 Dec 2021 Common Stock 2,500 $59.41 Direct
holding BFS Stock Option 2,500 21 Dec 2021 Common Stock 2,500 $49.46 Direct
holding BFS Stock Option 2,500 21 Dec 2021 Common Stock 2,500 $55.71 Direct
holding BFS Director Stock Option 2,500 21 Dec 2021 Common Stock 2,500 $50.00 Direct
holding BFS Director Stock Option 2,500 21 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 Mr. Sullivan is co-trustee of the trust. The beneficiaries of the trust are his brother and his brother's children. Mr. Sullivan disclaims any beneficial ownership in the shares held by the trust.
F2 IRA
F3 SEP IRA
F4 Self-Direct