Joseph D. Russell Jr - May 25, 2021 Form 4 Insider Report for PS BUSINESS PARKS INC/CA (PSBYP)

Role
Director
Signature
/s/ Nathaniel A. Vitan, Attorney in Fact
Stock symbol
PSBYP
Transactions as of
May 25, 2021
Transactions value $
-$934,770
Form type
4
Date filed
5/27/2021, 07:38 PM
Next filing
Jun 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSBYP Common Stock Sale -$510K -3.28K -8.32% $155.58 36.1K May 25, 2021 Direct F1, F4
transaction PSBYP Common Stock Sale -$34.9K -223 -0.62% $156.32 35.9K May 25, 2021 Direct F2, F4
transaction PSBYP Common Stock Sale -$390K -2.5K -6.97% $156.03 33.4K May 27, 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.08 to $156.05, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $156.20 to $156.46, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.934 to $156.39, inclusive. The reporting person undertakes to provide to the Issuer, any security holder, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F4 Includes 10,000 deferred stock units.