Nathaniel A. Vitan - Dec 6, 2021 Form 4 Insider Report for Public Storage (PSA)

Role
Sr. VP, Ch. Legal Off., Sec.
Signature
Nathaniel A. Vitan, Attorney-in-Fact
Stock symbol
PSA
Transactions as of
Dec 6, 2021
Transactions value $
-$1,986,000
Form type
4
Date filed
12/7/2021, 10:52 AM
Previous filing
Aug 12, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Options Exercise $6.49M +25K +323% $259.74 32.7K Dec 6, 2021 Direct F1
transaction PSA Common Stock Sale -$8.48M -25K -76.36% $339.18 7.74K Dec 6, 2021 Direct F1

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) Options Exercise $0 -25K -100% $0.00* 0 Dec 6, 2021 Common Stock 25K $259.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,740 RSUs.
F2 Stock option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vests in five (5) equal annual installments beginning one (1) year from the date of grant.