Donald A. Hachey - May 12, 2023 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

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, 06:40 PM
Previous filing
May 17, 2022
Next filing
May 21, 2024

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 +15K $0.00 15K May 12, 2023 Common Stock 15K $33.79 Direct F1
holding BFS Employee Stock Option 1.25K May 12, 2023 Common Stock 1.25K $47.03 Direct F1
holding BFS Employee Stock Option 2.5K May 12, 2023 Common Stock 2.5K $51.07 Direct F1
holding BFS Employee Stock Option 5K May 12, 2023 Common Stock 5K $57.74 Direct F1
holding BFS Employee Stock Option 5K May 12, 2023 Common Stock 5K $59.41 Direct F1
holding BFS Employee Stock Option 5K May 12, 2023 Common Stock 5K $49.46 Direct F1
holding BFS Employee Stock Option 5K May 12, 2023 Common Stock 5K $55.71 Direct F1
holding BFS Employee Stock Option 7.5K May 12, 2023 Common Stock 7.5K $50.00 Direct F1
holding BFS Employee Stock Option 10K May 12, 2023 Common Stock 10K $43.89 Direct F1
holding BFS Employee Stock Option 10K May 12, 2023 Common Stock 10K $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.