Stephen R. Rusmisel - 26 May 2022 Form 4 Insider Report for LIFE STORAGE, INC.

Role
Director
Signature
Andrew J. Gregoire - attorney in fact
Issuer symbol
N/A
Transactions as of
26 May 2022
Net transactions value
$0
Form type
4
Filing time
31 May 2022, 15:25:39 UTC
Previous filing
21 Mar 2022
Next filing
09 May 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 LSI Deferred Common Stock Unit Award +967 +95% 1,985 26 May 2022 Common Stock 967 $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 acquired in lieu of restricted stock under the Company's Outside Directors' Stock Award Plan.