Ronald L. Havner Jr - Mar 16, 2022 Form 4 Insider Report for Public Storage (PSA)

Role
Director
Signature
Nathaniel A. Vitan, Attorney-in-Fact
Stock symbol
PSA
Transactions as of
Mar 16, 2022
Transactions value $
-$166,534
Form type
4
Date filed
4/5/2022, 06:56 PM
Previous filing
Mar 10, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Gift $0 -4.41K -6.41% $0.00 64.3K Mar 16, 2022 Direct F1, F2
transaction PSA Common Stock Tax liability -$167K -420 -0.65% $396.51 63.9K Apr 1, 2022 Direct F3
holding PSA Common Stock 199K Mar 16, 2022 By Trust F4
holding PSA Common Stock 1.9K Mar 16, 2022 By Spouse IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects transfer of shares to Mr. Havner's trust.
F2 Includes 53,750 restricted stock units and 1,583 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.
F3 Includes 53,750 restricted stock units and 1,583 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. On April 1, 2022, Mr. Havner received the second installment of such vested restricted stock units and 8,000 remain subject to deferred receipt.
F4 Ronald L. Havner and LeeAnn R. Havner, Trustee of Havner Family Trust.