David Todd Pearson - May 9, 2023 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Signature
/s/ Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
May 9, 2023
Transactions value $
$115,500
Form type
4
Date filed
5/11/2023, 04:57 PM
Previous filing
May 17, 2022
Next filing
May 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Shares Purchase $116K +3.5K +11475.41% $33.00 3.53K May 9, 2023 Direct
holding BFS Common Shares 2K May 9, 2023 Spouse IRA

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 5K May 9, 2023 Common Stock 5K $59.41 Direct F1
holding BFS Employee Stock Option 5K May 9, 2023 Common Stock 5K $49.46 Direct F1
holding BFS Employee Stock Option 7.5K May 9, 2023 Common Stock 7.5K $55.71 Direct F1
holding BFS Employee Stock Option 15K May 9, 2023 Common Stock 15K $50.00 Direct F1
holding BFS Employee Stock Option 25K May 9, 2023 Common Stock 25K $43.89 Direct F1
holding BFS Employee Stock Option 30K May 9, 2023 Common Stock 30K $47.90 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest 25% per year over four years from the date of grant.