JOHN REYES - 02 May 2023 Form 4 Insider Report for Public Storage (PSA)

Role
Director
Signature
/s/ Steven C. Babinski, Attorney-in-Fact
Issuer symbol
PSA
Transactions as of
02 May 2023
Net transactions value
$0
Form type
4
Filing time
04 May 2023, 12:51:10 UTC
Previous filing
04 Apr 2023
Next filing
03 Jul 2023
SEC
View on sec.gov

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) Award $0 +5,000 $0.000000 5,000 02 May 2023 Common Shares 5,000 $286.81 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

JOHN REYES is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Stock Option granted pursuant to the Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. Option vests in three (3) equal annual installments beginning one (1) year from the grant date.
F2 This option to purchase 5,000 common shares becomes exercisable as to one-third on each of May 2, 2024, 2025, and 2026.