Dana Hamilton - Feb 27, 2023 Form 4 Insider Report for LIFE STORAGE, INC. (LSI)

Role
Director
Signature
Claire K. White - attorney in fact
Stock symbol
LSI
Transactions as of
Feb 27, 2023
Transactions value $
$0
Form type
4
Date filed
2/28/2023, 04:06 PM
Previous filing
Nov 29, 2022
Next filing
May 22, 2023

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 LSI Common stock Award +321 +14.95% 2.47K Feb 27, 2023 Common stock 321 $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Units have no expiration date but will be converted into common shares and distributed in 5 annual installments after cessation of the Director's service as a Director.
F2 Phantom shares of Common Stock ("Units") acquired in lieu of directors fees pursuant to the Company's Deferred Compensation Plan for Directors. The number of Units was determined by dividing the amount of compensation otherwise payable by the closing price of the Company's Common Stock on February 24, 2023, $119.31.