Public Storage — Director's Dealing 2014

Feb 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2014-02-20

Reporting Person: DOLL DAVID F (SENIOR VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-20	Common Stock	A	12000	—	Acquired	40779	Direct
2014-02-20	Common Stock	F	480	$166.71	Disposed	40299	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6	Indirect

Footnotes

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

F2: Includes 27,125 restricted share units.

F3: By David F. Doll for benefit of minor son.