Ronald L. Havner Jr - Feb 22, 2022 Form 4 Insider Report for Public Storage (PSA)

Role
Director
Signature
Nathaniel A. Vitan, Attorney-in-Fact
Stock symbol
PSA
Transactions as of
Feb 22, 2022
Transactions value $
-$518,021
Form type
4
Date filed
2/24/2022, 08:46 PM
Previous filing
Feb 16, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Tax liability -$518K -1.51K -1.92% $342.38 77.1K Feb 22, 2022 Direct F1
holding PSA Common Stock 187K Feb 22, 2022 By Trust F2, F3
holding PSA Common Stock 1.9K Feb 22, 2022 By Spouse IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 61,875 restricted stock units and 1,506 deferred stock units. Mr. Havner postponed receipt of 10,000 vested restricted stock units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 9,000 remain subject to deferred receipt.
F2 Includes 1,360 additional shares previously transferred to Mr. Havner's trust.
F3 Ronald L. Havner and LeeAnn R. Havner, Trustee of Havner Family Trust.