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: 2013-05-01

Reporting Person: Woolley Kenneth M. (Director, Exec Chairman/Chief Invest Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-01	Common Stock	M	16788	$19.91	Acquired	1258492	Direct
2013-05-01	Common Stock	M	16788	$43.7301	Disposed	1241704	Direct
2013-05-01	Common Stock	M	55777	$19.91	Acquired	1297481	Direct
2013-05-01	Common Stock	M	55777	$43.6205	Disposed	1241704	Direct
2013-05-01	Common Stock	M	27435	$19.91	Acquired	1269139	Direct
2013-05-01	Common Stock	M	27435	$43.3572	Disposed	1241704	Direct
2013-05-01	Common Stock	M	18750	$14.61	Acquired	1260454	Direct
2013-05-01	Common Stock	M	18750	$43.3572	Disposed	1241704	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-01	Stock Options	$19.91	M	16788	Disposed		Common Stock (16788)	Direct
2013-05-01	Stock Options	$19.91	M	55777	Disposed		Common Stock (55777)	Direct
2013-05-01	Stock Options	$19.91	M	27435	Disposed		Common Stock (27435)	Direct
2013-05-01	Stock Options	$14.61	M	18750	Disposed		Common Stock (18750)	Direct

Footnotes

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

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