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SAUL CENTERS, INC. — Director's Dealing 2023
May 17, 2023
32170_dirs_2023-05-16_1279354f-6469-40a7-a590-0fa982e1dd22.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: 2023-05-12
Reporting Person: NETTER CHRISTOPHER (Exec. Vice Pres-Retail Leasing)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-12 | Employee Stock Option | $33.79 | A | 25000 | Acquired | 2033-05-12 | Common Stock (25000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Series E Preferred Stock | 650 | Direct |
| Common Shares | 736.665 | Indirect |
| Common Shares | 344.123 | Direct |
| Common Shares | 1745 | Indirect |
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 |
| Employee Stock Option | $43.89 | 2031-05-07 | Common Stock (25000.0) | 25000 | Direct |
| Employee Stock Option | $47.9 | 2032-05-13 | Common Stock (25000.0) | 25000 | Direct |
Footnotes
F1: Balance increased by July 29, 2022 Dividend Reinvestment Plan award, October 31, 2022, January 31, 2023 award and April 28, 2023 award of 8.079 shares, 10.458 shares, 10.263 shares and 12.240 shares, respectively.
F2: Balance increased by July 29, 2022 Dividend Reinvestment Plan award, October 31, 2022, January 31, 2023 award and April 28, 2023 award of 3.774 shares, 4.885 shares, 4.794 shares and 5.718 shares, respectively.
F3: 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.
F4: The options vest 25% per year over four years from the date of grant.