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SAUL CENTERS, INC. — Director's Dealing 2021
May 11, 2021
32170_dirs_2021-05-11_277a98c3-f887-42f3-8955-67d0f48a4811.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: Friedman Joel Albert (Sr. VP, CAO & Treasurer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-07 | Employee Stock Option | $43.89 | A | 20000 | Acquired | 2031-05-07 | Common Stock (20000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 11189.261 | Indirect |
| Common Shares | 117.617 | Direct |
| Series E Preferred Stock | 200 | Direct |
| Series D Preferred Stock | 100 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $41.82 | 2021-05-13 | Common Stock (5000.0) | 5000 | Direct |
| Employee Stock Option | $44.42 | 2023-05-10 | Common Stock (10000.0) | 10000 | 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 (10000.0) | 10000 | Direct |
| Employee Stock Option | $57.74 | 2026-05-06 | Common Stock (10000.0) | 10000 | Direct |
| Employee Stock Option | $59.41 | 2027-05-05 | Common Stock (10000.0) | 10000 | Direct |
| Employee Stock Option | $49.46 | 2028-05-11 | Common Stock (10000.0) | 10000 | Direct |
| Employee Stock Option | $55.71 | 2029-05-03 | Common Stock (15000.0) | 15000 | Direct |
| Employee Stock Option | $50.0 | 2030-04-24 | Common Stock (20000.0) | 20000 | Direct |
Footnotes
F1: Balance increased by July 31, 2020 Dividend Reinvestment Plan award, October 31, 2020, January 31, 2021 award and April 30, 2020 award of 189.419 shares, 232.206 shares, 194.911 shares and 139.850 shares, respectively.
F2: Effective April 1, 2009, shares formerly held by the B.F. Saul Company Employees' Profit Sharing Reinvestment Trust were distributed to the individual 401(k) plan accounts of participants. The number of shares reported represents the reporting person's beneficial ownership interest in the Saul Centers stock fund of the 401(k) plan.
F3: Balance increased by July 31, 2020 Dividend Reinvestment Plan award, October 31, 2020, January 31, 2021 award and April 30, 2020 award of 1.950 shares, 2.389 shares, 1.930 shares and 1.930 shares, respectively.
F4: The options vest 25% per year over four years from the date of grant.