B. Wayne Hughes Jr. - 07 Jul 2021 Form 4 Insider Report for Public Storage (PSA)

Reporting relationship: 10%+ Owner
Issuer ticker: PSA
Reported as of: 07 Jul 2021
Net transaction value: +$8,794,700
SEC form: 4
Accepted by SEC: 09 Jul 2021, 10:42:52 UTC
Next SEC filing: 03 Aug 2021
Source filing: View source filing
Reporting owner signature: /s/ Cindy Mejia, Attorney-in-Fact

Key filing fact

B. Wayne Hughes Jr. filed Form 4 for Public Storage (PSA) on 09 Jul 2021.

Key facts

This page summarizes B. Wayne Hughes Jr.'s Form 4 filing for Public Storage (PSA).
18 reported transactions and 9 derivative rows are listed below.
Accepted by SEC: 09 Jul 2021, 10:42.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$8,794,700.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PSA transaction

Common Stock

Options Exercise

Transaction value: $724,850
Shares: +5,000
Change %: +0.19%
Price: $144.97
Shares after: 2,678,316
Date: 07 Jul 2021
Ownership: By Living Trust
Footnotes: F1

PSA transaction

Common Stock

Options Exercise

Transaction value: $823,100
Shares: +5,000
Change %: +0.19%
Price: $164.62
Shares after: 2,683,316
Date: 07 Jul 2021
Ownership: By Living Trust
Footnotes: F1

PSA transaction

Common Stock

Options Exercise

Transaction value: $880,950
Shares: +5,000
Change %: +0.19%
Price: $176.19
Shares after: 2,688,316
Date: 07 Jul 2021
Ownership: By Living Trust
Footnotes: F1

PSA transaction

Common Stock

Options Exercise

Transaction value: $939,550
Shares: +5,000
Change %: +0.19%
Price: $187.91
Shares after: 2,693,316
Date: 07 Jul 2021
Ownership: By Living Trust
Footnotes: F1

PSA transaction

Common Stock

Options Exercise

Transaction value: $1,292,450
Shares: +5,000
Change %: +0.19%
Price: $258.49
Shares after: 2,698,316
Date: 07 Jul 2021
Ownership: By Living Trust
Footnotes: F1

PSA transaction

Common Stock

Options Exercise

Transaction value: $1,119,650
Shares: +5,000
Change %: +0.19%
Price: $223.93
Shares after: 2,703,316
Date: 07 Jul 2021
Ownership: By Living Trust
Footnotes: F1

PSA transaction

Common Stock

Options Exercise

Transaction value: $968,550
Shares: +5,000
Change %: +0.18%
Price: $193.71
Shares after: 2,708,316
Date: 07 Jul 2021
Ownership: By Living Trust
Footnotes: F1

PSA transaction

Common Stock

Options Exercise

Transaction value: $1,091,100
Shares: +5,000
Change %: +0.18%
Price: $218.22
Shares after: 2,713,316
Date: 07 Jul 2021
Ownership: By Living Trust
Footnotes: F1

PSA transaction

Common Stock

Options Exercise

Transaction value: $954,500
Shares: +5,000
Change %: +0.18%
Price: $190.90
Shares after: 2,718,316
Date: 07 Jul 2021
Ownership: By Living Trust
Footnotes: F1

PSA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,330,000
Date: 07 Jul 2021
Ownership: By LLC
Footnotes: F2

PSA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 11,348
Date: 07 Jul 2021
Ownership: Direct
Footnotes: F3

PSA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 44,312
Date: 07 Jul 2021
Ownership: By IRA
Footnotes: F4

PSA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 22,100
Date: 07 Jul 2021
Ownership: As Trustee
Footnotes: F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PSA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $144.97
Footnotes: F6

PSA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $164.62
Footnotes: F6

PSA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $176.19
Footnotes: F6

PSA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $187.91
Footnotes: F6

PSA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $258.49
Footnotes: F6

PSA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $223.93
Footnotes: F6

PSA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $193.71
Footnotes: F6

PSA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $218.22
Footnotes: F6

PSA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $190.90
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

By reporting person as trustee for the B. Wayne Hughes, Jr. Living Trust.

Footnote F2

By GasDog 2020 LLC. The reporting person disclaims beneficial ownership of the LLC's holdings except to the extent of his pecuniary interest in them.

Footnote F3

By Tamara Hughes Gustavson and B. Wayne Hughes, Jr. - Separate Property.

Footnote F4

By custodian of an IRA for benefit of reporting person.

Footnote F5

By reporting person as a trustee of a trust for the benefit of reporting person's son.

Footnote F6

On December 31, 2020, the reporting person retired as a trustee of the Company. Pursuant to the Company's Non-Employee Trustee Compensation Policy, all outstanding unvested stock options accelerate and vest on the date of retirement and all such stock options may be exercised during the one-year period following the date of retirement (but before the original expiration date of the option, if earlier).