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Public Storage Director's Dealing 2010

Jun 22, 2010

30014_dirs_2010-06-22_9f5fd757-e0a5-436d-b1df-fb40543ceb11.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2010-06-18

Reporting Person: HARKHAM URI P (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-06-18 Common Stock S 5320 $93.87 Disposed 23504 Indirect
2010-06-18 Common Stock S 2133 $94.02 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3815 Indirect
Common Stock 30205 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $94.25 2020-05-06 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $62.80 2019-05-07 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $91.81 2018-05-08 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $74.23 2017-08-02 Common Stock (2500) 2500 Direct
Stock Option (right to buy) $91.68 2017-05-03 Common Stock (2500) 2500 Direct
Stock Option (right to buy) $85.50 2016-08-22 Common Stock (2500) 2500 Direct

Footnotes

F1: By Uri P. Harkham, Trustee of Harkham Industries, Inc. (DBA Jonathan Martin, Inc.) Profit Sharing Plan dated 10/1/80.

F2: By a custodian of an IRA for benefit of Uri P. Harkham.

F3: By Harkham Ivestments L.P., an affiliated entity of Mr. Harkham

F4: By Uri P. Harkham, Trustee of Uri Harkham Trust and ajusted to reflect inclusion of shares previously reported as directly held and held in another trust.

F5: Stock Options granted pursuant to the 2001 Stock Option and Incentive Plan; options vest in 3 equal annual installments beginning 1 year from date of grant.

F6: Stock Options granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan; options vest in 3 equal annual installments beginning 1 year from date of grant.

F7: Includes shares previously erroneously described as held by Mr. Harkham's affiliated entity.

F8: Reflects reduction of 185 shares held by Mr. Harkham's IRA that were erroneously reported as owned by his affiliated entity.