Public Storage — Director's Dealing 2013

Feb 25, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2013-02-20

Reporting Person: Weidmann Shawn (Sr. Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-20	Common Stock	A	6000	—	Acquired	10770	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$122.45	2021-08-29	Common Stock (100000)	100000	Direct

Footnotes

F1: Award of restricted share units that vest in 5 equal annual installments beginning 1 year from date of grant.

F2: Includes 10,375 restricted share units.

F3: 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.