Ronald P. Spogli - 14 Apr 2022 Form 4 Insider Report for Public Storage (PSA)

Role: Director
Signature: Nathaniel A. Vitan, Attorney-in-Fact
Issuer symbol: PSA
Transactions as of: 14 Apr 2022
Net transactions value: +$724,850
Form type: 4
Filing time: 15 Apr 2022, 17:41:04 UTC
Previous filing: 04 Apr 2022
Next filing: 02 May 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	Options Exercise	$724,850	+5,000	+406%	$144.97	6,231	14 Apr 2022	Direct	F1
holding	PSA	Common Stock						2,000	14 Apr 2022	By Trust	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	-5,000	-100%	$0.000000^*	0	14 Apr 2022	Common Stock	5,000	$144.97	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 1,231 deferred stock units.
F2	By Ronald P. Spogli as trustee.
F3	This option to purchase 5,000 shares of common stock vested as to one-third on each of May 3, 2013, 2014 and 2015.