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SAUL CENTERS, INC. Director's Dealing 2021

Apr 8, 2021

32170_dirs_2021-04-08_34c214d2-f311-4f30-8c70-852b6c214930.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: 2021-03-22

Reporting Person: NETTER CHRISTOPHER (Exec. Vice Pres-Retail Leasing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-03-22 Common Shares A 145 $39.22 Disposed 1561.095 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 655.18 Indirect
Common Shares 306.058 Direct
Series E Preferred Stock 650 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option $47.03 2024-05-09 Common Stock (15000.0) 15000 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
Employee Stock Option $50.0 2030-04-24 Common Stock (20000.0) 20000 Direct

Footnotes

F1: Balance increased by April 30, 2020 Dividend Reinvestment Plan award, July 31, 2020, October 31, 2020 award and January 31, 2021 award of 10.007 shares, 11.309 shares, 13.863 shares and 11.564 shares, respectively.

F2: Balance increased by April 30, 2020 Dividend Reinvestment Plan award, July 31, 2020, October 31, 2020 award and January 31, 2021 award of 4.675 shares, 5.283 shares, 6.476 shares and 5.402 shares, respectively.

F3: Balance increased by April 30, 2020 Dividend Reinvestment Plan award, July 31, 2020, October 31, 2020 award and January 31, 2021 award of 25.764 shares, 29.248 shares, 35.854 shares and 30.096 shares, respectively.

F4: 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.

F5: The options vest 25% per year over four years from the date of grant.