James Page Lansdale - 17 May 2024 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Director
Signature
/s/ Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
17 May 2024
Net transactions value
$0
Form type
4
Filing time
21 May 2024, 20:12:28 UTC
Previous filing
08 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Stock Award $0 +2,000 +347% $0.000000 2,576 17 May 2024 Direct 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 30,000 17 May 2024 Common Stock 30,000 $51.07 Direct F2
holding BFS Employee Stock Option 30,000 17 May 2024 Common Stock 30,000 $57.74 Direct F2
holding BFS Director Stock Option 2,500 17 May 2024 Common Stock 2,500 $51.07 Direct
holding BFS Director Stock Option 2,500 17 May 2024 Common Stock 2,500 $57.74 Direct
holding BFS Director Stock Option 2,500 17 May 2024 Common Stock 2,500 $59.41 Direct
holding BFS Employee Stock Option 30,000 17 May 2024 Common Stock 30,000 $59.41 Direct F2
holding BFS Employee Stock Option 30,000 17 May 2024 Common Stock 30,000 $49.46 Direct F2
holding BFS Director Stock Option 2,500 17 May 2024 Common Stock 2,500 $49.46 Direct
holding BFS Employee Stock Option 30,000 17 May 2024 Common Stock 30,000 $55.71 Direct F2
holding BFS Director Stock Option 2,500 17 May 2024 Common Stock 2,500 $55.71 Direct
holding BFS Director Stock Option 2,500 17 May 2024 Common Stock 2,500 $50.00 Direct
holding BFS Director Stock Option 2,500 17 May 2024 Common Stock 2,500 $43.89 Direct
holding BFS Director Stock Option 2,500 17 May 2024 Common Stock 2,500 $47.90 Direct
holding BFS Director Stock Option 2,500 17 May 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 Represents restricted shares of Common Stock. Such shares vest on the first three anniversaries of May 17, 2024 in equal annual installments, assuming continued service.
F2 The options vest 25% per year over four years from the date of grant.

Remarks:

Previous beneficial ownership reports filed pursuant to Section 16(a) by the reporting person referred to the Issuer's Common Stock, par value $0.01 per share as "Common Shares." Going forward, such shares will be referred to as "Common Stock."