Lori Godby - Mar 6, 2025 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Senior Vice Pres.-Residential
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, 05:49 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 +100 +20% $0.00 600 Mar 6, 2025 Direct F1
transaction BFS Common Stock Award $0 +50 +8.33% $0.00 650 Mar 6, 2025 Direct F2

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 -100 -20% $0.00 400 Mar 6, 2025 Common Stock 100 $0.00 Direct
holding BFS Employee Stock Option 5K Mar 6, 2025 Common Stock 5K $43.89 Direct F3
holding BFS Employee Stock Option 5K Mar 6, 2025 Common Stock 5K $47.90 Direct F3
holding BFS Employee Stock Option 5K Mar 6, 2025 Common Stock 5K $33.79 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted shares of Common Stock. Such shares vest, assuming continued employment, on May 17, 2029.
F2 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.
F3 The options vest 25% per year over four years from the date of grant.