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: Stubbs P Scott (Executive VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-30	Common Stock	M	15000	$15.53	Acquired	127930	Direct
2013-04-30	Common Stock	M	15000	$43.0676	Disposed	112930	Direct
2013-05-01	Common Stock	G	3050	$43.64	Disposed	109880	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-30	Stock Options	$15.53	M	15000	Disposed		Common Stock (15000)	Direct

Footnotes

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

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