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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-20	Common Stock	A	4500	—	Acquired	15179	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$80.33	2020-02-23	Common Stock (35000)	35000	Direct

Footnotes

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

F2: Includes 13,326 restricted share units.

F3: Stock Options granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan. Options vest in 5 equal annual installements beginning 1 year from date of grant.