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

Role
Director
Signature
Claire K. White - attorney in fact
Issuer symbol
N/A
Transactions as of
27 Feb 2023
Net transactions value
$0
Form type
4
Filing time
28 Feb 2023, 16:06:32 UTC
Previous filing
29 Nov 2022
Next filing
22 May 2023
SEC
View on sec.gov

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 +15% 2,468 27 Feb 2023 Common stock 321 $0.000000 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.