Christopher Netter - 12 May 2023 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
16 May 2023, 18:41:07 UTC
Prior SEC filing
17 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carlos L. Heard, by Power of Attorney

Key filing fact

Christopher Netter filed Form 4 for SAUL CENTERS, INC. (BFS) on 16 May 2023.

Key facts

  • This page summarizes Christopher Netter's Form 4 filing for SAUL CENTERS, INC. (BFS).
  • 1 reported transaction and 10 derivative rows are listed below.
  • Accepted by SEC: 16 May 2023, 18:41.

Change

  • Previous filing in this sequence was filed on 17 May 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BFS holding

Series E Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
650
Date
12 May 2023
Ownership
Direct
BFS holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
737
Date
12 May 2023
Ownership
Wife-IRA
Footnotes
F1
BFS holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
344
Date
12 May 2023
Ownership
Direct
Footnotes
F2
BFS holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,745
Date
12 May 2023
Ownership
401K
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BFS transaction Derivative

Employee Stock Option

Award

Transaction value
$0
Shares
+25,000
Change %
Price
$0.000000
Shares after
25,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
25,000
Exercise price
$33.79
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
15,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,000
Exercise price
$47.03
Footnotes
F4
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
$51.07
Footnotes
F4
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
$57.74
Footnotes
F4
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
$59.41
Footnotes
F4
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
$49.46
Footnotes
F4
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
$55.71
Footnotes
F4
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
$50.00
Footnotes
F4
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
25,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
25,000
Exercise price
$43.89
Footnotes
F4
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
25,000
Date
12 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
25,000
Exercise price
$47.90
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Balance increased by July 29, 2022 Dividend Reinvestment Plan award, October 31, 2022, January 31, 2023 award and April 28, 2023 award of 8.079 shares, 10.458 shares, 10.263 shares and 12.240 shares, respectively.

Footnote F2

Balance increased by July 29, 2022 Dividend Reinvestment Plan award, October 31, 2022, January 31, 2023 award and April 28, 2023 award of 3.774 shares, 4.885 shares, 4.794 shares and 5.718 shares, respectively.

Footnote F3

Effective April 1, 2009, shares formerly held by the B.F. Saul Company Employees' Profit Sharing Reinvestment Trust were distributed to the individual 401(k) plan accounts of participants. The number of shares reported represents the reporting person's beneficial ownership interest in the Saul Centers stock fund of the 401(k) plan.

Footnote F4

The options vest 25% per year over four years from the date of grant.

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