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SAUL CENTERS, INC. Director's Dealing 2016

May 10, 2016

32170_dirs_2016-05-10_252c8196-8898-469d-af29-acaeaf4d1b11.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAUL CENTERS INC (BFS)
CIK: 0000907254
Period of Report: 2016-05-06

Reporting Person: Hachey Donald A (Senior Vice Pres.-Construction)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-05-06 Employee Stock Option $57.74 A 5000 Acquired 2026-05-06 Common Stock (5000.0) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option $44.42 2023-05-10 Common Stock (1875.0) 1875 Direct
Employee Stock Option $47.03 2024-05-09 Common Stock (5000.0) 5000 Direct
Employee Stock Option $51.07 2025-05-08 Common Stock (5000.0) 5000 Direct

Footnotes

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