James Page Lansdale - 28 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
28 Dec 2021
Net transactions value
-$203,037
Form type
4
Filing time
30 Dec 2021, 10:17:39 UTC
Previous filing
09 Dec 2021
Next filing
03 Jan 2022
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 $180,031 +3,828 +60% $47.03 10,228 28 Dec 2021 Direct
transaction BFS Common Shares Sale $203,037 -3,828 -37% $53.04 6,400 28 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 $180,031 -3,828 -17% $47.03 18,274 28 Dec 2021 Common Stock 3,828 $47.03 Direct F1
holding BFS Employee Stock Option 30,000 28 Dec 2021 Common Stock 30,000 $51.07 Direct F1
holding BFS Employee Stock Option 30,000 28 Dec 2021 Common Stock 30,000 $57.74 Direct F1
holding BFS Director Stock Option 2,500 28 Dec 2021 Common Stock 2,500 $51.07 Direct F2
holding BFS Director Stock Option 2,500 28 Dec 2021 Common Stock 2,500 $57.74 Direct F2
holding BFS Director Stock Option 2,500 28 Dec 2021 Common Stock 2,500 $59.41 Direct F2
holding BFS Employee Stock Option 30,000 28 Dec 2021 Common Stock 30,000 $59.41 Direct F1
holding BFS Employee Stock Option 30,000 28 Dec 2021 Common Stock 30,000 $49.46 Direct F1
holding BFS Director Stock Option 2,500 28 Dec 2021 Common Stock 2,500 $49.46 Direct F2
holding BFS Employee Stock Option 30,000 28 Dec 2021 Common Stock 30,000 $55.71 Direct F1
holding BFS Director Stock Option 2,500 28 Dec 2021 Common Stock 2,500 $55.71 Direct F2
holding BFS Director Stock Option 2,500 28 Dec 2021 Common Stock 2,500 $50.00 Direct F2
holding BFS Director Stock Option 2,500 28 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.