Friedman Joel Albert 4
4 · SAUL CENTERS, INC. · Filed May 16, 2023
Insider Transaction Report
Form 4
Friedman Joel Albert
Exec VP, CAO & Treasurer
Transactions
- Award
Employee Stock Option
2023-05-12+20,000→ 20,000 totalExercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (20,000 underlying)
Holdings
- 20,000
Employee Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (20,000 underlying) - 100
Series D Preferred Stock
- 10,000
Employee Stock Option
Exercise: $57.74From: 2016-05-06Exp: 2026-05-06→ Common Stock (10,000 underlying) - 15,000
Employee Stock Option
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (15,000 underlying) - 20,000
Employee Stock Option
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (20,000 underlying) - 12,338(indirect: By 401(k))
Common Shares
- 10,000
Employee Stock Option
Exercise: $59.41From: 2017-05-05Exp: 2027-05-05→ Common Stock (10,000 underlying) - 130.387
Common Shares
- 20,000
Employee Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (20,000 underlying) - 10,000
Employee Stock Option
Exercise: $47.03From: 2014-05-09Exp: 2024-05-09→ Common Stock (10,000 underlying) - 10,000
Employee Stock Option
Exercise: $51.07From: 2015-05-08Exp: 2025-05-08→ Common Stock (10,000 underlying) - 200
Series E Preferred Stock
- 10,000
Employee Stock Option
Exercise: $49.46From: 2018-05-11Exp: 2028-05-11→ Common Stock (10,000 underlying)
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 July 29, 2022 Dividend Reinvestment Plan award, October 31, 2022, January 31, 2023 award and April 28, 2023 award of 7.256 shares combined.
- [F3]The options vest 25% per year over four years from the date of grant.