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

Role
Director
Signature
Nathaniel A. Vitan, Attorney-in-Fact
Issuer symbol
PSA
Transactions as of
16 Mar 2022
Net transactions value
-$166,534
Form type
4
Filing time
05 Apr 2022, 18:56:38 UTC
Previous filing
10 Mar 2022
Next filing
04 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Gift $0 -4,409 -6.4% $0.000000 64,333 16 Mar 2022 Direct F1, F2
transaction PSA Common Stock Tax liability $166,534 -420 -0.65% $396.51 63,913 01 Apr 2022 Direct F3
holding PSA Common Stock 199,126 16 Mar 2022 By Trust F4
holding PSA Common Stock 1,900 16 Mar 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.