Joseph D. Margolis - Feb 17, 2022 Form 4 Insider Report for Extra Space Storage Inc. (EXR)

Role
Chief Executive Officer
Signature
Grace Kunde - attorney in fact
Stock symbol
EXR
Transactions as of
Feb 17, 2022
Transactions value $
-$4,719,989
Form type
4
Date filed
2/18/2022, 03:52 PM
Previous filing
Feb 16, 2022
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXR Common Stock Tax liability -$4.49M -23.8K -26.92% $188.34 64.7K Feb 17, 2022 Direct F4
transaction EXR Common Stock Tax liability -$230K -1.22K -1.89% $188.34 63.5K Feb 17, 2022 Direct F1
holding EXR Common Stock 85K Feb 17, 2022 Cove Hollow Lane I, LLC F2
holding EXR Common Stock 25.1K Feb 17, 2022 Cove Hollow Lane II, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of vested restricted stock awards. Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
F2 Shares held in Cove Hollow Lane I, LLC.
F3 The reporting person disclaims beneficial ownership in the common stock held by Cove Hollow Lane II, LLC, except to the extent of his pecuniary interest therein.
F4 Represents shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of the PSUs.