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: 2011-03-01

Reporting Person: Haas Karl (Executive VP & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-01	Common Stock	M	23250	$6.22	Acquired	159925	Direct
2011-03-01	Common Stock	M	9750	$11.59	Acquired	169675	Direct
2011-03-01	Common Stock	S	60150	$19.4871	Disposed	109525	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-01	Stock Options	$6.22	M	23250	Disposed	2019-02-17	Common Stock (23250)	Direct
2011-03-01	Stock Options	$11.59	M	9750	Disposed	2020-02-16	Common Stock (9750)	Direct

Footnotes

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