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SAUL CENTERS, INC. Director's Dealing 2022

Jul 6, 2022

32170_dirs_2022-07-06_837b4970-c47a-4db3-9c57-65384b2e9a20.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: 2022-07-01

Reporting Person: CARACI PHILIP D (Director)

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 20564 Indirect
Common Shares 2602 Indirect
Common Shares 53187 Indirect
Common Shares 49216 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock $ Common Stock (30218.477) 30218.477 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
Stock Option $49.46 2028-05-11 Common Stock (2500.0) 2500 Direct
Stock Option $55.71 2029-05-03 Common Stock (2500.0) 2500 Direct
Stock Option $50.0 2030-04-24 Common Stock (2500.0) 2500 Direct
Stock Option $43.89 2031-05-07 Common Stock (2500.0) 2500 Direct
Stock Option $47.9 2032-05-13 Common Stock (2500.0) 2500 Direct

Footnotes

F1: Self-Trust. Reporting person is a Trustee

F2: Self-IRA

F3: Phantom shares are issuable pursuant to the Issuer's Deferred Compensation Plan for Directors under its 2004 Stock Plan, as amended (the "Deferred Compensation Plan"). Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service.

F4: The conversion of the phantom stock into shares of the Issuer's common stock is governed by the Deferred Compensation Plan and the reporting person's Deferred Fee Election Agreement.

F5: Includes 340.193 shares ($50.0617/share) awarded April 29, 2022 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred Compensation Plan.