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Extra Space Storage Inc. Director's Dealing 2016

May 3, 2016

30139_dirs_2016-05-03_28b6d8fd-c846-4b93-be16-0dd5d4c0e72d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Extra Space Storage Inc. (EXR)
CIK: 0001289490
Period of Report: 2016-05-02

Reporting Person: Kirk Spencer (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-02	Common Stock	S	20000	$86.0572	Disposed	2232276	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	734430	Direct
Common Stock	123215	Indirect

Footnotes

F1: Sale occurred pursuant to a 10b5-1 plan entered into by the reporting person on November 3, 2014.

F2: The reporting person disclaims beneficial ownership in the common stock held by Krispen Family Holdings, L.C., except to the extent of his pecuniary interest therein.

F3: The reporting person disclaims beneficial ownership in the common stock held by The Kirk 101 Trust, except to the extent of his pecuniary interest therein.