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SAUL CENTERS, INC. Director's Dealing 2018

May 14, 2018

32170_dirs_2018-05-14_8b628a11-a170-42e3-8354-f2ec990782cf.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: 2018-05-11

Reporting Person: Underwood Benjamin (Vice President-Residential)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-05-11 Employee Stock Option $49.46 A 2500 Acquired 2028-05-11 Common Stock (2500.0) Direct

Footnotes

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