Joseph D. Margolis - Feb 12, 2024 Form 4 Insider Report for Extra Space Storage Inc. (EXR)

Role
Chief Executive Officer, Director
Signature
/s/ Grace Kunde, Attorney-in-Fact
Stock symbol
EXR
Transactions as of
Feb 12, 2024
Transactions value $
-$179,939
Form type
4
Date filed
2/14/2024, 07:02 PM
Previous filing
Nov 13, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXR Common Stock Tax liability -$180K -1.27K -4.68% $142.02 25.8K Feb 12, 2024 Direct F1
holding EXR Common Stock 34.8K Feb 12, 2024 J Margolis & K Margolis TTEE F2
holding EXR Common Stock 97.3K Feb 12, 2024 Cove Hollow Lane I, LLC F3
holding EXR Common Stock 39.2K Feb 12, 2024 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 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.
F2 Shares held in J Margolis & K Margolis TTEE Joseph Daniel Margolis Revocab U/A DTD 05/24/2013.
F3 The reporting person controls the investment decisions with respect to shares of common stock held by Cove Hollow Lane I, LLC. The reporting person disclaims beneficial ownership in the common stock held by Cove Hollow Lane I, LLC, except to the extent of his pecuniary interest therein.
F4 The reporting person's spouse controls the investment decisions with respect to shares of common stock held by Cove Hollow Lane II, LLC. 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.