Charles W. Sherren Jr. - 13 May 2022 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Sr. VP- Property Management
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, 21:57:30 UTC
Previous filing
11 May 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 12,882 13 May 2022 401K F1, F2
holding BFS Common Shares 798 13 May 2022 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 Employee Stock Option Award $0 +10,000 $0.000000 10,000 13 May 2022 Common Stock 10,000 $47.90 Direct F4
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $44.42 Direct F4
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $47.03 Direct F4
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $51.07 Direct F4
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $57.74 Direct F4
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $59.41 Direct F4
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $49.46 Direct F4
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $55.71 Direct F4
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $50.00 Direct F4
holding BFS Employee Stock Option 10,000 13 May 2022 Common Stock 10,000 $43.89 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance increased by July 31, 2021 Dividend Reinvestment Plan award, October 31, 2021 award, January 31, 2022 award and April 29, 2022 award of 101.623 shares, 101.623 shares, 101.623 shares, and 101.623 shares, respectively.
F2 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.
F3 Balance increased by July 31, 2021 Dividend Reinvestment Plan award, October 31, 2021 award, January 31, 2022 award and April 29, 2022 award of 9.411 shares, 9.313 shares, 9.318 shares, and 9.082 shares, respectively.
F4 The options vest 25% per year over four years from the date of grant.