Heisz Leslie Stone - 20 Aug 2021 Form 4 Insider Report for Public Storage (PSA)

Role
Director
Signature
/s/ Nathaniel A. Vitan, Attorney-in-Fact
Issuer symbol
PSA
Transactions as of
20 Aug 2021
Net transactions value
-$312,331
Form type
4
Filing time
23 Aug 2021, 13:41:27 UTC
Previous filing
02 Jul 2021
Next filing
04 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Options Exercise $968,550 +5,000 +2000% $193.71 5,250 20 Aug 2021 Direct F1
transaction PSA Common Stock Sale $1,280,881 -3,957 -75% $323.70 1,293 20 Aug 2021 Direct F1, 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 PSA Stock Option (right to buy) Options Exercise $0 -5,000 -100% $0.000000* 0 20 Aug 2021 Common Stock 5,000 $193.71 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 250 deferred stock units.
F2 Represents weighted average price. These shares were sold at prices ranging betwen $323.385 and $324.065. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F3 Stock option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vested in three (3) equal annual installments beginning one (1) year from the date of grant.