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

Role
Director
Signature
/s/ Nathaniel A. Vitan, Attorney-in-Fact
Issuer symbol
PSA
Transactions as of
26 Apr 2022
Net transactions value
+$458,350
Form type
4
Filing time
27 Apr 2022, 14:47:48 UTC
Previous filing
04 Apr 2022
Next filing
02 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Options Exercise $458,350 +1,666 +30% $275.12 7,208 26 Apr 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 -1,666 -33% $0.000000 3,334 26 Apr 2022 Common stock 1,666 $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.