SAUL CENTERS, INC.·4

Apr 28, 10:51 AM ET

SHERREN CHARLES W JR 4

4 · SAUL CENTERS, INC. · Filed Apr 28, 2020

Insider Transaction Report

Form 4
Period: 2020-04-24
SHERREN CHARLES W JR
Sr. Vice President-Management
Transactions
  • Award

    Employee Stock Option

    2020-04-24$50.00/sh+10,000$500,00010,000 total
    Exercise: $50.00From: 2020-04-24Exp: 2030-04-24Common Stock (10,000 underlying)
Holdings
  • Common Shares

    (indirect: By 401(k))
    11,186.43
  • Employee Stock Option

    Exercise: $44.42From: 2013-05-10Exp: 2023-05-10Common Stock (10,000 underlying)
    10,000
  • Employee Stock Option

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

    Exercise: $49.46From: 2018-05-11Exp: 2028-05-11Common Stock (10,000 underlying)
    10,000
  • Common Shares

    697.357
  • Employee Stock Option

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

    Exercise: $55.71From: 2019-05-03Exp: 2029-05-03Common 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: $59.41From: 2017-05-05Exp: 2027-05-05Common Stock (10,000 underlying)
    10,000
Footnotes (4)
  • [F1]Balance increased by October 31, 2019 Dividend Reinvestment Plan award and January 31, 2020 award of 110.585 shares and 121.460 shares, respectively.
  • [F2]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.
  • [F3]Balance increased by October 31, 2019 Dividend Reinvestment Plan award and January 31, 2020 award of 6.863 shares and 7.538 shares, respectively.
  • [F4]The options vest 25% per year over four years from the date of grant.

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