John Collich - 12 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
12 May 2023
Net transactions value
$0
Form type
4
Filing time
16 May 2023, 18:38:08 UTC
Previous filing
22 Dec 2022
Next filing
21 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BFS Common Shares 2,388 12 May 2023 Wife F1
holding BFS Common Shares 37,046 12 May 2023 Direct F2
holding BFS Common Shares 1,846 12 May 2023 IRA F3
holding BFS Series E Preferred Stock 873 12 May 2023 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 12 May 2023 Common Stock 20,000 $33.79 Direct F4
holding BFS Employee Stock Option 10,000 12 May 2023 Common Stock 10,000 $47.03 Direct F4
holding BFS Employee Stock Option 20,000 12 May 2023 Common Stock 20,000 $51.07 Direct F4
holding BFS Employee Stock Option 20,000 12 May 2023 Common Stock 20,000 $57.74 Direct F4
holding BFS Employee Stock Option 20,000 12 May 2023 Common Stock 20,000 $59.41 Direct F4
holding BFS Employee Stock Option 20,000 12 May 2023 Common Stock 20,000 $49.46 Direct F4
holding BFS Employee Stock Option 20,000 12 May 2023 Common Stock 20,000 $55.71 Direct F4
holding BFS Employee Stock Option 20,000 12 May 2023 Common Stock 20,000 $50.00 Direct F4
holding BFS Employee Stock Option 20,000 12 May 2023 Common Stock 20,000 $43.89 Direct F4
holding BFS Employee Stock Option 20,000 12 May 2023 Common Stock 20,000 $47.90 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 January 31, 2023 Dividend Reinvestment Plan award and April 28, 2023 award of 33 shares and 39 shares, respectively.
F2 Balance increased by January 31, 2023 Dividend Reinvestment Plan award and April 28, 2023 award of 515 shares and 615 shares, respectively.
F3 Balance increased by January 31, 2023 Dividend Reinvestment Plan award and April 28, 2023 award of 25 shares and 30 shares, respectively.
F4 The options vest 25% per year over four years from the date of grant.