FRIEDMAN JOEL ALBERT

PrivateCIK: 1472420

Location

BETHESDA, MD

FRIEDMAN JOEL ALBERT

Filed: 5/16/2023ACC: 0000907254-23-000055

InsiderFRIEDMAN JOEL ALBERTCIK 1472420

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IssuerSAUL CENTERS, INC.CIK 907254

Officer· Sr. V.P./Chief Acctng Officer

Since May 2019

+20K

Net shares

Net buyer

$0.00

Total acquired

0

Open market trades

0B · 0S

1

Total transactions

20K acquired

Non-Derivative Transactions0

No non-derivative transactions reported

Derivative Transactions1

Employee Stock Option

Direct

A · Award

Converts to

Common Stock

20K shares

Shares

+20K

Strike price

33.79

Held after

20K

Exercisable

—

5/12/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option Direct	Common Stock20K shares	5/12/2023	A · Award	+20K	33.79	—	20K

Non-Derivative Holdings (Post-Transaction)4

Common Shares

Indirect

Shares owned12.34K

Series D Preferred Stock

Direct

Shares owned100.00

Series E Preferred Stock

Direct

Shares owned200.00

Common Shares

Direct

Shares owned130.39

Total

430.39 direct·12.34K indirect12.77K

Security Title	Shares Owned	Ownership Type
Common Shares	12.34K	Indirect
Series D Preferred Stock	100.00	Direct
Series E Preferred Stock	200.00	Direct
Common Shares	130.39	Direct
Total	12.77K	430.39 direct·12.34K indirect

Derivative Holdings (Post-Transaction)9

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

15K

Shares owned

15K

Exercise price

55.71

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

20K

Shares owned

20K

Exercise price

43.89

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

47.03

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

20K

Shares owned

20K

Exercise price

47.9

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

49.46

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

20K

Shares owned

20K

Exercise price

50.0

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

51.07

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

57.74

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

59.41

Expiration

—

Exercise window

—

Total

Underlying

125K

Owned

125K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option Direct	Common Stock	55.71	—	—	15K	15K
Employee Stock Option Direct	Common Stock	43.89	—	—	20K	20K
Employee Stock Option Direct	Common Stock	47.03	—	—	10K	10K
Employee Stock Option Direct	Common Stock	47.9	—	—	20K	20K
Employee Stock Option Direct	Common Stock	49.46	—	—	10K	10K
Employee Stock Option Direct	Common Stock	50.0	—	—	20K	20K
Employee Stock Option Direct	Common Stock	51.07	—	—	10K	10K
Employee Stock Option Direct	Common Stock	57.74	—	—	10K	10K
Employee Stock Option Direct	Common Stock	59.41	—	—	10K	10K
Total					125K	125K

FRIEDMAN JOEL ALBERT — Insider Transaction (Form 4) Filed May 16, 2023 | Finecho