Stephen R. Rusmisel - 27 May 2021 Form 4 Insider Report for LIFE STORAGE, INC.

Role
Director
Signature
Andrew J. Gregoire - attorney in fact
Issuer symbol
N/A
Transactions as of
27 May 2021
Net transactions value
$0
Form type
4
Filing time
27 May 2021, 16:52:02 UTC
Next filing
21 Mar 2022
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 LSI Deferred Common Stock Unit Award +1,018 1,018 27 May 2021 Common Stock 1,018 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Units have no expiration date but will be converted into common shares and distributed in 5 annual installments after cessation of the Director's service as a Director.
F2 Phantom shares of Common Stock ("Units") acquired in lieu of restricted stock issued under the Company's 2020 Outside Directors' Stock Award Plan.