John F. Collich - Mar 6, 2025 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

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, 06:22 PM
Previous filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Stock Options Exercise $0 +300 +0.7% $0.00 43.2K Mar 6, 2025 Direct F3
transaction BFS Common Stock Award $0 +150 +0.35% $0.00 43.4K Mar 6, 2025 Direct F4, F5
holding BFS Series E Preferred Stock 873 Mar 6, 2025 Direct
holding BFS Common Stock 2.67K Mar 6, 2025 Wife F1
holding BFS Common Stock 2.06K Mar 6, 2025 IRA 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 -300 -20% $0.00 1.2K Mar 6, 2025 Common Stock 300 $0.00 Direct
holding BFS Employee Stock Option 20K Mar 6, 2025 Common Stock 20K $51.07 Direct F6
holding BFS Employee Stock Option 20K Mar 6, 2025 Common Stock 20K $57.74 Direct F6
holding BFS Employee Stock Option 20K Mar 6, 2025 Common Stock 20K $59.41 Direct F6
holding BFS Employee Stock Option 20K Mar 6, 2025 Common Stock 20K $49.46 Direct F6
holding BFS Employee Stock Option 20K Mar 6, 2025 Common Stock 20K $55.71 Direct F6
holding BFS Employee Stock Option 20K Mar 6, 2025 Common Stock 20K $50.00 Direct F6
holding BFS Employee Stock Option 20K Mar 6, 2025 Common Stock 20K $43.89 Direct F6
holding BFS Employee Stock Option 20K Mar 6, 2025 Common Stock 20K $47.90 Direct F6
holding BFS Employee Stock Option 20K Mar 6, 2025 Common Stock 20K $33.79 Direct F6
* 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 120 shares.
F2 Balance increased by July 31, 2024, October 31, 2024 and January 31, 2025 Dividend Reinvestment Plan awards totaling 92 shares.
F3 Represents restricted shares of Common Stock. Such shares vest, assuming continued employment, on May 17, 2029.
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 Balance increased by July 31, 2024, October 31, 2024 and January 31, 2025 Dividend Reinvestment Plan awards totaling 3,391 shares.
F6 The options vest 25% per year over four years from the date of grant.