David Todd Pearson - 09 May 2023 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Signature
/s/ Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
09 May 2023
Net transactions value
+$115,500
Form type
4
Filing time
11 May 2023, 16:57:30 UTC
Previous filing
17 May 2022
Next filing
16 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Purchase $115,500 +3,500 +11475% $33.00 3,530 09 May 2023 Direct
holding BFS Common Shares 2,000 09 May 2023 Spouse IRA

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
holding BFS Employee Stock Option 5,000 09 May 2023 Common Stock 5,000 $59.41 Direct F1
holding BFS Employee Stock Option 5,000 09 May 2023 Common Stock 5,000 $49.46 Direct F1
holding BFS Employee Stock Option 7,500 09 May 2023 Common Stock 7,500 $55.71 Direct F1
holding BFS Employee Stock Option 15,000 09 May 2023 Common Stock 15,000 $50.00 Direct F1
holding BFS Employee Stock Option 25,000 09 May 2023 Common Stock 25,000 $43.89 Direct F1
holding BFS Employee Stock Option 30,000 09 May 2023 Common Stock 30,000 $47.90 Direct F1
* 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.