Joseph D. Margolis - Mar 1, 2023 Form 4 Insider Report for Extra Space Storage Inc. (EXR)

Role
Chief Executive Officer, Director
Signature
Grace Kunde - attorney in fact
Stock symbol
EXR
Transactions as of
Mar 1, 2023
Transactions value $
$1,711,720
Form type
4
Date filed
3/3/2023, 06:07 PM
Previous filing
Feb 23, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXR Common Stock Award $1.89M +11.5K +13.58% $163.66 96.5K Mar 1, 2023 Direct F1
transaction EXR Common Stock Tax liability -$176K -1.07K -1.11% $163.66 95.4K Mar 1, 2023 Direct F2
holding EXR Common Stock 85K Mar 1, 2023 Cove Hollow Lane I, LLC F3
holding EXR Common Stock 20.1K Mar 1, 2023 Cove Hollow Lane II, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
F2 Represents shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of vested restricted stock awards. Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
F3 Shares held in Cove Hollow Lane I, LLC.
F4 The reporting person disclaims beneficial ownership in the common stock held by Cove Hollow Lane II, LLC, except to the extent of his pecuniary interest therein.