Arthur L. Havener Jr - May 27, 2021 Form 4 Insider Report for LIFE STORAGE, INC. (LSI)

Role
Director
Signature
Andrew J. Gregoire - attorney in fact
Stock symbol
LSI
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
5/27/2021, 04:58 PM
Previous filing
May 17, 2021
Next filing
May 31, 2022

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 +1.02K 1.02K May 27, 2021 Common Stock 1.02K $0.00 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.