John Collich - 09 May 2025 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Signature
/s/ Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
09 May 2025
Net transactions value
$0
Form type
4
Filing time
13 May 2025, 17:25:46 UTC
Previous filing
10 Mar 2025
Next filing
21 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
COLLICH JOHN F Sr. VP, Chief Acq. & Dev. Off. 7501 WISCONSIN AVENUE, 15TH FLOOR, BETHESDA /s/ Carlos L. Heard, by Power of Attorney 13 May 2025 0001228472

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Stock Award $0 +1,500 +3.4% $0.000000 45,659 09 May 2025 Direct F3, F4
holding BFS Series E Preferred Stock 873 09 May 2025 Direct
holding BFS Common Stock 2,099 09 May 2025 IRA F1
holding BFS Common Stock 2,717 09 May 2025 Wife 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 Performance Shares Award $0 +1,500 $0.000000 1,500 09 May 2025 Common Stock 1,500 $0.000000 Direct F6
holding BFS Employee Stock Option 20,000 09 May 2025 Common Stock 20,000 $57.74 Direct F5
holding BFS Employee Stock Option 20,000 09 May 2025 Common Stock 20,000 $59.41 Direct F5
holding BFS Employee Stock Option 20,000 09 May 2025 Common Stock 20,000 $49.46 Direct F5
holding BFS Employee Stock Option 20,000 09 May 2025 Common Stock 20,000 $55.71 Direct F5
holding BFS Employee Stock Option 20,000 09 May 2025 Common Stock 20,000 $50.00 Direct F5
holding BFS Employee Stock Option 20,000 09 May 2025 Common Stock 20,000 $43.89 Direct F5
holding BFS Employee Stock Option 20,000 09 May 2025 Common Stock 20,000 $47.90 Direct F5
holding BFS Employee Stock Option 20,000 09 May 2025 Common Stock 20,000 $33.79 Direct F5
holding BFS Performance Shares 1,200 09 May 2025 Common Stock 1,200 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance increased by April 30, 2025 Dividend Reinvestment Plan award of 38.762 shares.
F2 Balance increased by April 30, 2025 Dividend Reinvestment Plan award of 50.184 shares.
F3 Represents restricted shares of Common Stock. Such shares vest on the first five anniversaries of May 9, 2025 in equal annual installments, assuming continued employment.
F4 Balance increased by April 30, 2025 Dividend Reinvestment Plan award of 779 shares.
F5 The options vest 25% per year over four years from the date of grant.
F6 The performance share award provides for the grant of restricted shares of Common Stock on each of the five anniversaries of May 9, 2025 in equal annual installments. The number of restricted shares of such grant that vest, if any, is (i) subject to cliff-vesting on May 9, 2030, and (2) achievement of performance criteria relating to the Companys target Funds from Operations available to common stockholders and noncontrolling interests (FFO) measured against an FFO amount included in the budget established by the Board of Directors annually prior to the start of such calendar year.