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SAUL CENTERS, INC. — Director's Dealing 2024
May 22, 2024
32170_dirs_2024-05-21_000bcaa7-a2b4-4e13-9f86-fe357c2a3c19.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: 2024-05-17
Reporting Person: Friedlis Zachary Maxwell (Sr. VP-Director of Leasing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-17 | Common Stock | A | 1500 | — | Acquired | 2321.479 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-17 | Performance Shares | $0 | A | 1500 | Acquired | 2029-05-17 | Common Stock (1500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Series D Preferred Stock | 3271 | Direct |
Footnotes
F1: Represents restricted shares of Common Stock. Such shares vest on the first five anniversaries of May 17, 2024 in equal annual installments, assuming continued employment.
F2: The performance share award provides for the grant of restricted shares of Common Stock on each of the five anniversaries of May 17, 2024 in equal annual installments. The number of restricted shares of such grant that vest, if any, is (i) subject to cliff-vesting on May 17, 2029, and (2) achievement of performance criteria relating to the Companys target Funds from Operations available to common stockholders and noncontrolling interests (FFO) measured against an FFO amount included in the budget established by the Board of Directors annually prior to the start of such calendar year.