SAUL CENTERS, INC. — Director's Dealing 2019

Oct 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAUL CENTERS INC (BFS)
CIK: 0000907254
Period of Report: 2019-10-17

Reporting Person: COLLICH JOHN F (Sr. VP, Chief Acq. & Dev. Off.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-17	Series C Preferred Stock	J	3262.028	$25	Disposed	0	Indirect
2019-10-17	Series C Preferred Stock	J	762.104	$25	Disposed	0	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	1947.662	Indirect
Common Shares	35106.265	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option	$39.29	2022-05-04	Common Stock (2545.0)	2545	Direct
Employee Stock Option	$44.42	2023-05-10	Common Stock (5000.0)	5000	Direct
Employee Stock Option	$47.03	2024-05-09	Common Stock (10000.0)	10000	Direct
Employee Stock Option	$51.07	2025-05-08	Common Stock (20000.0)	20000	Direct
Employee Stock Option	$57.74	2026-05-06	Common Stock (20000.0)	20000	Direct
Employee Stock Option	$59.41	2027-05-05	Common Stock (20000.0)	20000	Direct
Employee Stock Option	$49.46	2028-05-11	Common Stock (20000.0)	20000	Direct
Employee Stock Option	$55.71	2029-05-03	Common Stock (20000.0)	20000	Direct

Footnotes

F1: Balance increased by July 31, 2019 Dividend Reinvestment Plan award of 18.848 shares.

F2: Balance increased by July 31, 2019 Dividend Reinvestment Plan award of 343.382 shares.

F3: All shares owned by the reporting person were fully redeemed on 10/17/19.

F4: The options vest 25% per year over four years from the date of grant.