SAUL CENTERS INC·4

May 14, 4:42 PM ET

SHERREN CHARLES W JR 4

4 · SAUL CENTERS INC · Filed May 14, 2018

Insider Transaction Report

Form 4
Period: 2018-05-11
SHERREN CHARLES W JR
Sr. Vice President-Management
Transactions
  • Award

    Employee Stock Option

    2018-05-11$49.46/sh+10,000$494,60010,000 total
    Exercise: $49.46From: 2018-05-11Exp: 2028-05-11Common Stock (10,000 underlying)
Holdings
  • Employee Stock Option

    Exercise: $47.03From: 2014-05-09Exp: 2024-05-09Common Stock (10,000 underlying)
    10,000
  • Employee Stock Option

    Exercise: $51.07From: 2015-05-08Exp: 2025-05-08Common Stock (10,000 underlying)
    10,000
  • Employee Stock Option

    Exercise: $57.74From: 2016-05-06Exp: 2026-05-06Common Stock (10,000 underlying)
    10,000
  • Employee Stock Option

    Exercise: $59.41From: 2017-05-05Exp: 2027-05-05Common Stock (10,000 underlying)
    10,000
  • Common Shares

    (indirect: By 401(k))
    10,488.75
  • Common Shares

    663.925
  • Employee Stock Option

    Exercise: $41.82From: 2011-05-13Exp: 2021-05-13Common Stock (10,000 underlying)
    10,000
  • Employee Stock Option

    Exercise: $39.29From: 2012-05-04Exp: 2022-05-04Common Stock (10,000 underlying)
    10,000
  • Employee Stock Option

    Exercise: $44.42From: 2013-05-10Exp: 2023-05-10Common Stock (10,000 underlying)
    10,000
Footnotes (3)
  • [F1]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.
  • [F2]Balance increased by January 31, 2018 Dividend Reinvestment Plan award and April 30, 2018 award of 6.415 shares and 7.183 shares, respectively.
  • [F3]The options vest 25% per year over four years from the date of grant.

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