Shankh Mitra - Apr 26, 2022 Form 4 Insider Report for Public Storage (PSA)

Role
Director
Signature
/s/ Nathaniel A. Vitan, Attorney-in-Fact
Stock symbol
PSA
Transactions as of
Apr 26, 2022
Transactions value $
$458,350
Form type
4
Date filed
4/27/2022, 02:47 PM
Previous filing
Apr 4, 2022
Next filing
May 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Options Exercise $458K +1.67K +30.06% $275.12 7.21K Apr 26, 2022 Direct F1

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 PSA Stock Option (Right to Buy) Options Exercise $0 -1.67K -33.32% $0.00 3.33K Apr 26, 2022 Common stock 1.67K $275.12 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 542 deferred stock units.
F2 Stock Option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vests in three (3) equal annual installments beginning one (1) year from the grant date.
F3 This option to purchase 5,000 shares of common stock became exercisable as to one-third on April 26, 2022 and becomes exercisable as to one-third on each of April 26, 2023 and 2024.