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Public Storage Director's Dealing 2011

Mar 2, 2011

30014_dirs_2011-03-02_dfeb593a-516d-4f77-994d-4113b16d3b31.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: 2011-02-28

Reporting Person: DOLL DAVID F (SENIOR VICE PRESIDENT)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-28 Common Stock F 106 $112.25 Disposed 15131 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 6 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $50.30 2019-03-02 Common Stock (50000) 50000 Direct
Stock Option (right to buy) $80.48 2018-02-27 Common Stock (150000) 150000 Direct
Stock Option (right to buy) $97.47 2017-03-15 Common Stock (20000) 20000 Direct
Stock Option (right to buy) $82.90 2016-03-16 Common Stock (40000) 40000 Direct
Stock Option (right to buy) $55.66 2015-02-21 Common Stock (40000) 40000 Direct

Footnotes

F1: Includes 8,875 restricted stock units.

F2: Stock Options granted pursuant to the 2001 Stock Option and Incentive Plan; options vest in 5 equal annual installments beginning 1 year from date of grant.

F3: Stock Options granted pursuant to the 2001 Stock Option and Incentive Plan; options vest in 8 equal annual installments beginning 1 year from date of grant.

F4: 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.

F5: By David F. Doll for benefit of minor son.