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SAUL CENTERS, INC. Director's Dealing 2017

May 9, 2017

32170_dirs_2017-05-09_be259e0c-616e-41bb-9bc1-6edf6f204d5b.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: 2017-05-05

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-05-05 Employee Stock Option $59.41 A 5000 Acquired 2027-05-05 Common Stock (5000.0) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option $44.42 2023-05-10 Common Stock (625.0) 625 Direct
Employee Stock Option $47.03 2024-05-09 Common Stock (3750.0) 3750 Direct
Employee Stock Option $51.07 2025-05-08 Common Stock (5000.0) 5000 Direct
Employee Stock Option $57.74 2026-05-06 Common Stock (5000.0) 5000 Direct

Footnotes

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