Joel Albert Friedman - May 12, 2023 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Sr. VP, CAO & Treasurer
Signature
/s/ Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
May 12, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 06:39 PM
Previous filing
May 17, 2022
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BFS Common Shares 12.3K May 12, 2023 401K F1
holding BFS Series E Preferred Stock 200 May 12, 2023 Direct
holding BFS Series D Preferred Stock 100 May 12, 2023 Direct
holding BFS Common Shares 130 May 12, 2023 Direct F2

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 +20K $0.00 20K May 12, 2023 Common Stock 20K $33.79 Direct F3
holding BFS Employee Stock Option 10K May 12, 2023 Common Stock 10K $47.03 Direct F3
holding BFS Employee Stock Option 10K May 12, 2023 Common Stock 10K $51.07 Direct F3
holding BFS Employee Stock Option 10K May 12, 2023 Common Stock 10K $57.74 Direct F3
holding BFS Employee Stock Option 10K May 12, 2023 Common Stock 10K $59.41 Direct F3
holding BFS Employee Stock Option 10K May 12, 2023 Common Stock 10K $49.46 Direct F3
holding BFS Employee Stock Option 15K May 12, 2023 Common Stock 15K $55.71 Direct F3
holding BFS Employee Stock Option 20K May 12, 2023 Common Stock 20K $50.00 Direct F3
holding BFS Employee Stock Option 20K May 12, 2023 Common Stock 20K $43.89 Direct F3
holding BFS Employee Stock Option 20K May 12, 2023 Common Stock 20K $47.90 Direct F3
* 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 Balance increased by July 29, 2022 Dividend Reinvestment Plan award, October 31, 2022, January 31, 2023 award and April 28, 2023 award of 7.256 shares combined.
F3 The options vest 25% per year over four years from the date of grant.