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Public Storage — Director's Dealing 2014
Aug 14, 2014
30014_dirs_2014-08-14_8eb579b9-8dc1-4945-a645-afa5c0fbc2a9.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: 2014-08-13
Reporting Person: SPOGLI RONALD P (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-13 | Common Stock | M | 15000 | $82.19 | Acquired | 15000 | Direct |
| 2014-08-13 | Common Stock | M | 5000 | $94.25 | Acquired | 20000 | Direct |
| 2014-08-13 | Common Stock | M | 5000 | $115.96 | Acquired | 25000 | Direct |
| 2014-08-13 | Common Stock | S | 25000 | $175.7825 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-08-13 | Stock Option (right to buy) | $82.19 | M | 15000 | Disposed | 2020-02-26 | Common Stock (15000) | Direct |
| 2014-08-13 | Stock Option (right to buy) | $94.25 | M | 5000 | Disposed | 2020-05-06 | Common Stock (5000) | Direct |
| 2014-08-13 | Stock Option (right to buy) | $115.96 | M | 5000 | Disposed | 2021-05-05 | Common Stock (5000) | Direct |
Footnotes
F1: Represents weighted average price. These shares were sold at prices ranging between $175.57 and $176.19. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer.
F2: Stock Option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan, as Amended. Options vest in three (3) equal annual installments beginning one (1) year from the date of grant.