Stephen R. Rusmisel - May 18, 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
May 18, 2023
Transactions value $
$0
Form type
4
Date filed
5/22/2023, 02:26 PM
Previous filing
May 9, 2023
Next filing
Jun 14, 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 Deferred Common Stock Unit Award +836 +42.12% 2.82K May 18, 2023 Common stock 836 $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 acquired in lieu of restricted stock under the Company's Outside Directors' Stock Award Plan.