Jennifer Holden Dunbar - Dec 8, 2021 Form 4 Insider Report for PS BUSINESS PARKS, INC./MD (PSBYP)

Role
Director
Signature
/s/ Nathaniel A. Vitan, Attorney-in-Fact
Stock symbol
PSBYP
Transactions as of
Dec 8, 2021
Transactions value $
$354,040
Form type
4
Date filed
12/10/2021, 02:22 PM
Previous filing
Dec 7, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSBYP Common Stock Options Exercise $160K +2K +2985.07% $80.13 2.07K Dec 8, 2021 Direct
transaction PSBYP Common Stock Options Exercise $194K +2K +96.76% $96.89 4.07K Dec 8, 2021 Direct
transaction PSBYP Common Stock Gift $0 -4K -98.35% $0.00 67 Dec 8, 2021 Direct F1
holding PSBYP Common Stock 4.43K Dec 8, 2021 As Trustee 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 PSBYP Stock Option (right to buy) Options Exercise $0 -2K -100% $0.00* 0 Dec 8, 2021 Common Stock 2K $80.13 Direct F3
transaction PSBYP Stock Option (right to buy) Options Exercise $0 -2K -100% $0.00* 0 Dec 8, 2021 Common Stock 2K $96.89 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects transfer of shares to Ms. Dunbar???s trust.
F2 By reporting person and her husband as trustees of the Lilac II Trust.
F3 Stock option granted pursuant to the 2012 Equity and Performance-Based Incentive Compensation Plan. Option vests in five (5) equal annual installments beginning one (1) year from the date of grant.