Heisz Leslie Stone - Dec 15, 2021 Form 4 Insider Report for Public Storage (PSA)

Role
Director
Signature
Nathaniel A. Vitan, Attorney-in-Fact
Stock symbol
PSA
Transactions as of
Dec 15, 2021
Transactions value $
-$1,021,642
Form type
4
Date filed
12/17/2021, 10:41 AM
Previous filing
Oct 4, 2021
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Options Exercise $1.14M +5K +355.37% $227.07 6.41K Dec 15, 2021 Direct F1
transaction PSA Common Stock Options Exercise $1.12M +5K +78.04% $223.93 11.4K Dec 15, 2021 Direct F1
transaction PSA Common Stock Sale -$3.28M -9.05K -79.29% $362.26 2.36K Dec 15, 2021 Direct F1, F2

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 -5K -33.33% $0.00 10K Dec 15, 2021 Common Stock 5K $227.07 Direct F3
transaction PSA Stock Option (Right to Buy) Options Exercise $0 -5K -100% $0.00* 0 Dec 15, 2021 Common Stock 5K $223.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 364 deferred stock units.
F2 Represents weighted average price. These shares were sold at prices ranging betwen $361.74 and $362.61. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F3 Stock option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vested in three (3) equal annual installments beginning one (1) year from the date of grant.