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Public Storage Director's Dealing 2010

Apr 16, 2010

30014_dirs_2010-04-16_739fcf97-fdbf-49ef-9674-997761d62a18.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: 2010-04-15

Reporting Person: HARKHAM URI P (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-04-15 Depositary Shares Representing Equity Stock, Series A J 3000 $24.50 Disposed 0 Indirect
2010-04-15 Depositary Shares Representing Equity Stock, Series A J 146 $24.50 Acquired 0 Indirect
2010-04-15 Depositary Shares Representing Equity Stock, Series A J 256 $24.50 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5000 Direct
Common Stock 26774 Indirect
Common Stock 1925 Indirect
Common Stock 4000 Indirect
Common Stock 5210 Indirect
Common Stock 15920 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
Stock Option (right to buy) $60.06 2015-05-05 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 Industries, Inc. (DBA Jonathan Martin, Inc.), a corporation wholly owned by the reporting person.

F4: By Uri P. Harkham, Trustee of Uri Harkham Trust.

F5: By trust for the benefit of Uri P. Harkham's children.

F6: 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.

F7: 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.

F8: On April 15, 2010, Public Storage redeemed all its outstanding depositary shares representing interests in its Equity Shares, Series A at $24.50 per share.