Extra Space Storage Inc. — Director's Dealing 2013

May 2, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Extra Space Storage Inc. (EXR)
CIK: 0001289490
Period of Report: 2013-04-30

Reporting Person: Allen Charles (Executive VP & CLO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-30	Common Stock	M	16500	$6.22	Acquired	210076	Direct
2013-04-30	Common Stock	M	7119	$43.0556	Disposed	202957	Direct
2013-04-30	Common Stock	M	6925	$11.59	Acquired	209882	Direct
2013-04-30	Common Stock	M	6925	$42.9858	Disposed	202957	Direct
2013-04-30	Common Stock	M	20000	$14.61	Acquired	222957	Direct
2013-04-30	Common Stock	M	20000	$43.0401	Disposed	202957	Direct
2013-05-01	Common Stock	M	25000	$19.91	Acquired	227957	Direct
2013-05-01	Common Stock	M	16010	$43.8051	Disposed	211947	Direct
2013-05-01	Common Stock	G	3000	$43.64	Disposed	208947	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-30	Stock Options	$6.22	M	16500	Disposed		Common Stock (16500)	Direct
2013-04-30	Stock Options	$11.59	M	6925	Disposed		Common Stock (6925)	Direct
2013-04-30	Stock Options	$14.61	M	20000	Disposed		Common Stock (20000)	Direct
2013-05-01	Stock Options	$19.91	M	25000	Disposed		Common Stock (25000)	Direct

Footnotes

F1: Options vest ratably over four years from the option grant date.

F2: Options expire 10 years from the option grant date.