Joel Albert Friedman - 13 May 2022 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Sr. VP, CAO & Treasurer
Signature
Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
13 May 2022
Net transactions value
$0
Form type
4
Filing time
17 May 2022, 18:29:13 UTC
Previous filing
28 Dec 2021
Next filing
16 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BFS Common Shares 11,683 13 May 2022 401K F1
holding BFS Series E Preferred Stock 200 13 May 2022 Direct
holding BFS Series D Preferred Stock 100 13 May 2022 Direct
holding BFS Common Shares 120 13 May 2022 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 Award $0 +20,000 $0.000000 20,000 13 May 2022 Common Shares 20,000 $47.90 Direct F2
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $47.03 Direct F2
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $51.07 Direct F2
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $57.74 Direct F2
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $59.41 Direct F2
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $49.46 Direct F2
holding BFS Employee Stock Option 15,000 13 May 2022 Common Stock 15,000 $55.71 Direct F2
holding BFS Employee Stock Option 20,000 13 May 2022 Common Stock 20,000 $50.00 Direct F2
holding BFS Employee Stock Option 20,000 13 May 2022 Common Stock 20,000 $43.89 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective April 1, 2009, shares formerly held by the B.F. Saul Company Employees' Profit Sharing Reinvestment Trust were distributed to the individual 401(k) plan accounts of participants. The number of shares reported represents the reporting person's beneficial ownership interest in the Saul Centers stock fund of the 401(k) plan.
F2 The options vest 25% per year over four years from the date of grant.