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SAUL CENTERS, INC. Director's Dealing 2021

May 11, 2021

32170_dirs_2021-05-11_ee5bdaf0-7370-4fbc-9326-893e12e680f5.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: 2021-05-07

Reporting Person: Kearns Christine Nicolaides (Exec VP/Chief Legal/Admin Off)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-07 Employee Stock Option $43.89 A 25000 Acquired 2031-05-07 Common Stock (25000.0) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option $51.07 2025-05-08 Common Stock (20000.0) 20000 Direct
Employee Stock Option $57.74 2026-05-06 Common Stock (25000.0) 25000 Direct
Employee Stock Option $59.41 2027-05-05 Common Stock (25000.0) 25000 Direct
Employee Stock Option $49.46 2028-05-11 Common Stock (25000.0) 25000 Direct
Employee Stock Option $55.71 2029-05-03 Common Stock (25000.0) 25000 Direct
Employee Stock Option $50.0 2030-04-24 Common Stock (25000.0) 25000 Direct

Footnotes

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