David Todd Pearson - 15 Mar 2024 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Signature
/s/ Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
15 Mar 2024
Net transactions value
+$83,999
Form type
4
Filing time
19 Mar 2024, 12:14:11 UTC
Previous filing
16 May 2023
Next filing
21 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Purchase $83,999 +2,300 +59% $36.52 6,204 15 Mar 2024 Direct F2
holding BFS Common Shares 2,098 15 Mar 2024 Spouse IRA F1

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 15 Mar 2024 Common Stock 5,000 $59.41 Direct F3
holding BFS Employee Stock Option 5,000 15 Mar 2024 Common Stock 5,000 $49.46 Direct F3
holding BFS Employee Stock Option 7,500 15 Mar 2024 Common Stock 7,500 $55.71 Direct F3
holding BFS Employee Stock Option 15,000 15 Mar 2024 Common Stock 15,000 $50.00 Direct F3
holding BFS Employee Stock Option 25,000 15 Mar 2024 Common Stock 25,000 $43.89 Direct F3
holding BFS Employee Stock Option 30,000 15 Mar 2024 Common Stock 30,000 $47.90 Direct F3
holding BFS Employee Stock Option 30,000 15 Mar 2024 Common Shares 30,000 $33.79 Direct F3
holding BFS Director Stock Option 2,500 15 Mar 2024 Common Stock 2,500 $33.79 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance increased by 98.414 shares from dividend reinvestments on July 31, 2023, October 31, 2023 and January 31, 2024.
F2 Balance increased by 173.72 shares from dividend reinvestments on July 31, 2023, October 31, 2023 and January 31, 2024.
F3 The options vest 25% per year over four years from the date of grant.