Extra Space Storage Inc. — Director's Dealing 2011

Feb 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Extra Space Storage Inc. (EXR)
CIK: 0001289490
Period of Report: 2011-02-08

Reporting Person: Christensen Kent (Executive VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-08	Common Stock	A	34800	—	Acquired	343394	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-08	Stock Options	$19.60	A	30100	Acquired	2021-02-08	Common Stock (30100)	Direct

Footnotes

F1: Grant of restricted common stock under compensation plan which vests ratably over four years beginning on the first anniversary date of the grant. No purchase price.

F2: Options are exercisable ratably over four years beginning on the first anniversary of the date of grant.