Public Storage — Director's Dealing 2010

Jan 27, 2010

SEC Form 4/A — Form 4/A

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2009-12-21

Reporting Person: LENKIN HARVEY (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Depositary Shares Representing Series D Preferred Stock	6000	Indirect
Depositary Shares Representing Series X Preferred Stock	6000	Indirect
Common Stock	100473	Indirect
Common Stock	777	Indirect
Common Stock	308	Indirect
Common Stock	31029	Indirect
Depositary Shares Representing Equity Stock	1992	Indirect
Depositary Shares Representing Equity Stock	0	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 trust of which the reporting person and his spouse are trustees.

F2: By a custodian of an IRA rollover for benefit of wife.

F3: By a custodian of a SEP IRA for benefit of wife.

F4: By a custodian of an IRA rollover for benefit of self. Includes shares rolled over from previously reported 401(k)account and includes automatic reinvestment of dividends.

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

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 grant date.

F7: Amendment filed to correct holdings of Depositary Shares in IRA which erroneously included previous holdings.