CHRISTOPHER NETTER - 13 May 2022 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Exec. Vice Pres-Retail Leasing
Signature
Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
13 May 2022
Net transactions value
$0
Form type
4
Filing time
17 May 2022, 21:55:54 UTC
Previous filing
11 May 2021
Next filing
16 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BFS Series E Preferred Stock 650 13 May 2022 Direct
holding BFS Common Shares 696 13 May 2022 Wife-IRA F1
holding BFS Common Shares 325 13 May 2022 Direct F2
holding BFS Common Shares 1,652 13 May 2022 401K F3, F4

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 Employee Stock Option Award $0 +25,000 $0.000000 25,000 13 May 2022 Common Stock 25,000 $47.90 Direct F5
holding BFS Employee Stock Option 15,000 13 May 2022 Common Stock 15,000 $47.03 Direct F5
holding BFS Employee Stock Option 20,000 13 May 2022 Common Stock 20,000 $51.07 Direct F5
holding BFS Employee Stock Option 20,000 13 May 2022 Common Stock 20,000 $57.74 Direct F5
holding BFS Employee Stock Option 20,000 13 May 2022 Common Stock 20,000 $59.41 Direct F5
holding BFS Employee Stock Option 20,000 13 May 2022 Common Stock 20,000 $49.46 Direct F5
holding BFS Employee Stock Option 20,000 13 May 2022 Common Stock 20,000 $55.71 Direct F5
holding BFS Employee Stock Option 20,000 13 May 2022 Common Stock 20,000 $50.00 Direct F5
holding BFS Employee Stock Option 25,000 13 May 2022 Common Stock 25,000 $43.89 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance increased by July 31, 2021 Dividend Reinvestment Plan award, October 31, 2021, January 31, 2022 award and April 29, 2022 award of 8.211 shares, 8.126 shares, 8.130 shares and 7.924 shares, respectively.
F2 Balance increased by July 31, 2021 Dividend Reinvestment Plan award, October 31, 2021, January 31, 2022 award and April 29, 2022 award of 3.836 shares, 3.796 shares, 3.798 shares and 3.702 shares, respectively.
F3 Balance increased by July 31, 2021 Dividend Reinvestment Plan award, October 31, 2021, January 31, 2022 award and April 29, 2022 award of 14.686 shares, 14.686 shares, 14.686 shares and 14.686 shares, respectively.
F4 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.
F5 The options vest 25% per year over four years from the date of grant.