Extra Space Storage Inc. — Director's Dealing 2011

Mar 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Extra Space Storage Inc. (EXR)
CIK: 0001289490
Period of Report: 2011-03-04

Reporting Person: Allen Charles (Executive VP & CLO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-04	Common Stock	M	65000	$12.50	Acquired	257487	Direct
2011-03-04	Common Stock	S	49941	$19.6078	Disposed	207546	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-04	Stock Option	$12.50	M	65000	Disposed	2014-08-12	Common Stock (65000)	Direct

Footnotes

F1: Options are exercisable ratably over four years beginning on the first anniversary of the date of grant.