Extra Space Storage Inc. — Director's Dealing 2016

Feb 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Extra Space Storage Inc. (EXR)
CIK: 0001289490
Period of Report: 2016-02-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-22	Common Stock	A	14830	—	Acquired	734430	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-22	Stock Options	$85.99	A	11250	Acquired	2026-02-22	Common Stock (11250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2292276	Indirect
Common Stock	123215	Indirect

Footnotes

F1: Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date. The market value on the grant date was $85.99.

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.

F4: Stock options vest 25% annually over four years, beginning on the first anniversary of the grant date.