John Reyes - Aug 23, 2021 Form 4 Insider Report for Public Storage (PSA)

Role
Director
Signature
/s/ Nathaniel A. Vitan, Attorney-in-Fact
Stock symbol
PSA
Transactions as of
Aug 23, 2021
Transactions value $
-$8,498,000
Form type
4
Date filed
8/24/2021, 03:17 PM
Previous filing
Jul 2, 2021
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Options Exercise $7.6M +50K +28.2% $152.01 227K Aug 23, 2021 Direct F1
transaction PSA Common Stock Sale -$16.1M -50K -22% $321.97 177K Aug 23, 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 -50K -50% $0.00 50K Aug 23, 2021 Common Stock 50K $152.01 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 39,900 restricted stock units and 1,324 deferred stock units.
F2 Represents weighted average price. These shares were sold at prices ranging between $321.435 and $322.41. 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 Options granted pursuant to the 2007 Equity and Performance-Based Compensation Plan. Options vested in 5 equal annual installments beginning 1 year from grant date.