Joseph D. Margolis - Feb 16, 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 16, 2024
Transactions value $
-$170,450
Form type
4
Date filed
2/20/2024, 07:42 PM
Previous filing
Feb 14, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXR Common Stock Tax liability -$170K -1.2K -4.66% $141.57 24.6K Feb 16, 2024 Direct F1
holding EXR Common Stock 34.8K Feb 16, 2024 J Margolis & K Margolis TTEE F2
holding EXR Common Stock 97.3K Feb 16, 2024 Cove Hollow Lane I, LLC F3
holding EXR Common Stock 39.2K Feb 16, 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 disclaims beneficial ownership in the common stock held by Cove Hollow Lane II, LLC, except to the extent of his pecuniary interest therein.