David Todd Pearson - Mar 6, 2025 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
President & COO, Director
Signature
/s/ Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
Mar 6, 2025
Transactions value $
$0
Form type
4
Date filed
3/10/2025, 05:48 PM
Previous filing
May 21, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Stock Options Exercise $0 +3.5K +14.7% $0.00 27.3K Mar 6, 2025 Direct F2, F3
transaction BFS Common Stock Award $0 +1.75K +6.34% $0.00 29.3K Mar 6, 2025 Direct F4
holding BFS Common Stock 2.24K Mar 6, 2025 Spouse IRA F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFS Performance Shares Options Exercise $0 -3.5K -20% $0.00 14K Mar 6, 2025 Common Stock 3.5K $0.00 Direct
holding BFS Employee Stock Option 5K Mar 6, 2025 Common Stock 5K $59.41 Direct F5
holding BFS Employee Stock Option 5K Mar 6, 2025 Common Stock 5K $49.46 Direct F5
holding BFS Employee Stock Option 7.5K Mar 6, 2025 Common Stock 7.5K $55.71 Direct F5
holding BFS Employee Stock Option 15K Mar 6, 2025 Common Stock 15K $50.00 Direct F5
holding BFS Employee Stock Option 25K Mar 6, 2025 Common Stock 25K $43.89 Direct F5
holding BFS Employee Stock Option 30K Mar 6, 2025 Common Stock 30K $47.90 Direct F5
holding BFS Employee Stock Option 30K Mar 6, 2025 Common Shares 30K $33.79 Direct F5
holding BFS Director Stock Option 2.5K Mar 6, 2025 Common Stock 2.5K $33.79 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance increased by July 31, 2024, October 31, 2024 and January 31, 2025 Dividend Reinvestment Plan awards totaling 102.185 shares.
F2 Represents restricted shares of Common Stock. Such shares vest, assuming continued employment, on May 17, 2029.
F3 Balance increased by July 31, 2024, October 31, 2024 and January 31, 2025 Dividend Reinvestment Plan awards totaling 288.996 shares.
F4 Represents additional restricted shares of Common Stock earned based on the achievement of performance criteria with respect to a performance period commencing on January 1, 2024 and ending on December 31, 2024. Such shares vest, assuming continued employment, on May 17, 2029.
F5 The options vest 25% per year over four years from the date of grant.