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SAUL CENTERS, INC. Director's Dealing 2018

May 14, 2018

32170_dirs_2018-05-14_a6578afc-58cc-49c4-8077-f9f1f00a7f04.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: Platts H. Gregory (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-11	Common Shares	A	200	$49.46	Acquired	1900	Direct

Derivative Transactions

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

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$39.29	2022-05-04	Common Stock (2500.0)	2500	Direct
Stock Option	$44.42	2023-05-10	Common Stock (2500.0)	2500	Direct
Stock Option	$47.03	2024-05-09	Common Stock (2500.0)	2500	Direct
Stock Option	$51.07	2025-05-08	Common Stock (2500.0)	2500	Direct
Stock Option	$57.74	2026-05-06	Common Stock (2500.0)	2500	Direct
Stock Option	$59.41	2027-05-05	Common Stock (2500.0)	2500	Direct