George Patrick Clancy Jr - Jun 23, 2022 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Director
Signature
/s/ Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
Jun 23, 2022
Transactions value $
-$3
Form type
4
Date filed
6/27/2022, 09:02 PM
Previous filing
May 17, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Award $53.1K +1.2K +18.95% $44.10 7.55K Jun 23, 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 Phantom Stock Sale -$53.1K -1.2K -19.32% $44.10 5.02K Jun 23, 2022 Common Stock 1.2K $44.10 Direct F1, F2, F3, F4
holding BFS Director Stock Option 2.5K Jun 23, 2022 Common Stock 2.5K $44.42 Direct
holding BFS Director Stock Option 2.5K Jun 23, 2022 Common Stock 2.5K $47.03 Direct
holding BFS Director Stock Option 2.5K Jun 23, 2022 Common Stock 2.5K $51.07 Direct
holding BFS Director Stock Option 2.5K Jun 23, 2022 Common Stock 2.5K $57.74 Direct
holding BFS Director Stock Option 2.5K Jun 23, 2022 Director Stock Option 2.5K $59.41 Direct
holding BFS Director Stock Option 2.5K Jun 23, 2022 Common Stock 2.5K $49.46 Direct
holding BFS Director Stock Option 2.5K Jun 23, 2022 Common Stock 2.5K $55.71 Direct
holding BFS Director Stock Option 2.5K Jun 23, 2022 Common Stock 2.5K $50.00 Direct
holding BFS Director Stock Option 2.5K Jun 23, 2022 Common Stock 2.5K $43.89 Direct
holding BFS Director Stock Option 2.5K Jun 23, 2022 Common Shares 2.5K $47.90 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the issuer's Deferred Compensation Plan under its 2004 Stock Plan and the Deferred Fee Agreement executed by the reporting person, the reporting person has elected to defer receipt of his director's fees, and receive phantom stock, the amount of which is calculated as the quotient of the dollar value of fees deferred, divided by the fair market value of the issuer's shares on the date the phantom stock is received.
F2 1 for 1
F3 The conversion of phantom stock into shares of the issuer's common stock is governed pursuant to terms of the issuer's Deferred Compensation Plan under its 2004 Stock Plan, as amended, and the reporting person's Deferred Fee Agreement.
F4 Includes 70.090 shares ($50.0617/share) awarded April 29, 2022 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the issuer's Deferred Compensation Plan under its 2004 Stock Plan and shares of phantom stock issued under the issuer's Deferred Compensation Stock Plan for Directors.