Public Storage — Director's Dealing 2010

Mar 3, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2010-02-26

Reporting Person: Glick Steven M. (Sr. V.P. & Chief Legal Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$80.33	2020-02-23	Common Stock (50000)		Direct

Footnotes

F1: Includes 7,500 restricted share units.

F2: Stock Options granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan; options vest in 5 equal annual installments beginning 1 year from date of grant.