Stephen R. Rusmisel - 20 Jul 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
20 Jul 2023
Net transactions value
$0
Form type
4
Filing time
20 Jul 2023, 11:57:15 UTC
Previous filing
16 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSI Common stock Disposed to Issuer -17,801 -100% 0 20 Jul 2023 Direct F3

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 Disposed to Issuer -2,821 -100% 0 20 Jul 2023 Common stock 2,821 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stephen R. Rusmisel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Phantom shares of Common Stock acquired in lieu of restricted stock under the Company's Outside Director's Stock Award Plan. Such phantom shares were cancelled and converted into the right to receive merger consideration in connection with the merger agreement between issuer, Extra Space Storage Inc. and certain other parties.
F2 Disposed of pursuant to merger agreement between issuer, Extra Space Storage Inc. and certain other parties in exchange for 2,524 shares of Extra Space Storage Inc. common stock having a market value of $148.96 per share on the effective date of the merger.
F3 Disposed of pursuant to merger agreement between issuer, Extra Space Storage Inc. and certain other parties in exchange for 15,931 shares of Extra Space Storage Inc. common stock having a market value of $148.96 per share on the effective date of the merger.