Ronald L. Havner Jr - Feb 15, 2023 Form 4 Insider Report for Public Storage (PSA)

Role
Director
Signature
/s/ Nathaniel A. Vitan, Attorney-in-Fact
Stock symbol
PSA
Transactions as of
Feb 15, 2023
Transactions value $
-$458,888
Form type
4
Date filed
2/17/2023, 12:59 PM
Previous filing
Feb 15, 2023
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Tax liability -$459K -1.53K -0.91% $300.91 165K Feb 15, 2023 Direct F1
transaction PSA Common Stock Gift $0 -103K -62.44% $0.00 62.1K Feb 17, 2023 Direct F1, F2
holding PSA Common Stock 303K Feb 15, 2023 By Trust F3
holding PSA Common Stock 1.9K Feb 15, 2023 By Spouse IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 47,500 restricted stock units and 1,890 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. 8,000 remain subject to deferred receipt.
F2 Reflects transfer of shares to Mr. Havner's trust.
F3 Ronald L. Havner and LeeAnn R. Havner, Trustee of Havner Family Trust.