George Patrick Clancy Jr - Oct 1, 2024 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Director
Signature
/s/ Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
Oct 1, 2024
Transactions value $
$20,000
Form type
4
Date filed
10/2/2024, 02:34 PM
Previous filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BFS Common Stock 12.6K Oct 1, 2024 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 Phantom Stock Award $20K +477 +8.29% $41.96 6.22K Oct 1, 2024 Common Stock 477 Direct F1, F2, F3
holding BFS Director Stock Option 2.5K Oct 1, 2024 Common Stock 2.5K $51.07 Direct
holding BFS Director Stock Option 2.5K Oct 1, 2024 Common Stock 2.5K $57.74 Direct
holding BFS Director Stock Option 2.5K Oct 1, 2024 Common Stock 2.5K $59.41 Direct
holding BFS Director Stock Option 2.5K Oct 1, 2024 Common Stock 2.5K $49.46 Direct
holding BFS Director Stock Option 2.5K Oct 1, 2024 Common Stock 2.5K $55.71 Direct
holding BFS Director Stock Option 2.5K Oct 1, 2024 Common Stock 2.5K $50.00 Direct
holding BFS Director Stock Option 2.5K Oct 1, 2024 Common Stock 2.5K $43.89 Direct
holding BFS Director Stock Option 2.5K Oct 1, 2024 Common Stock 2.5K $47.90 Direct
holding BFS Director Stock Option 2.5K Oct 1, 2024 Common Stock 2.5K $33.79 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 New phantom shares are issuable pursuant to the Issuers Deferred Compensation Plan for Directors, as amended and restated effective May 17, 2024 (the Deferred Compensation Plan), under its 2024 Stock Incentive Plan. Phantom shares issued prior to May 17, 2024, continue to be subject to the terms of the Issuers deferred compensation plan for directors in effect prior to the amendment and restatement of the Deferred Compensation Plan.
F2 The conversion of phantom shares issued on or after May 17, 2024, into shares of the Issuers common stock is governed pursuant to terms of the Issuers Deferred Compensation Plan under its 2024 Stock Plan and the reporting persons Deferred Fee Agreement. The conversion of phantom shares issued prior to May 17, 2024, into shares of the Issuers common stock is governed pursuant to the terms of the Issuers deferred compensation plan for directors in effect prior to the amendment and restatement of the Deferred Compensation Plan and the reporting persons Deferred Fee Agreement.
F3 Includes 85.753 shares awarded July 31, 2024 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred Compensation Plan.