Extra Space Storage Inc. — Director's Dealing 2011

Mar 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Extra Space Storage Inc. (EXR)
CIK: 0001289490
Period of Report: 2011-03-02

Reporting Person: Allen Charles (Executive VP & CLO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-02	Common Stock	M	16500	$6.22	Acquired	199975	Direct
2011-03-02	Common Stock	M	6925	$11.59	Acquired	206900	Direct
2011-03-02	Common Stock	S	14413	$19.2153	Disposed	192487	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-02	Stock Option	$6.22	M	16500	Disposed	2019-02-17	Common Stock (16500)	Direct
2011-03-02	Stock Options	$11.59	M	6925	Disposed	2020-02-16	Common Stock (6925)	Direct

Footnotes

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