Public Storage — Director's Dealing 2015

Mar 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2015-02-27

Reporting Person: REYES JOHN (SENIOR VICE PRESIDENT & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-27	Common Stock	F	196	$197.22	Disposed	151563	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	66194.451	Indirect

Footnotes

F1: Includes 90,625 restricted share units.

F2: 401(k) plan units that represent interests in common stock; based on plan information as of December 31, 2014. There is not a one to one correlation between units and shares.