Public Storage — Director's Dealing 2014

Feb 25, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2014-02-24

Reporting Person: HAVNER RONALD L JR (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-24	Common Stock	F	8697	$166.70	Disposed	76303	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	84454	Direct

Footnotes

F1: Includes 16,667 restricted share units.

F2: By Ronald L. Havner, Jr. and LeeAnn R. Havner, Trustees of the Havner Family Trust.

F3: Includes 80,000 restricted share units.