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Public Storage Director's Dealing 2015

Aug 21, 2015

30014_dirs_2015-08-21_39d8283c-cd63-4506-85ab-c33048c94c76.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: 2015-08-20

Reporting Person: DOLL DAVID F (SENIOR VICE PRESIDENT)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-08-20 Common Stock M 5000 $97.47 Acquired 51962 Direct
2015-08-20 Common Stock S 5000 $216.2997 Disposed 46962 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-08-20 Stock Option (right to buy) $97.47 M 5000 Disposed 2017-03-15 Common Stock (5000) Direct

Footnotes

F1: Includes 27,850 restricted share units.

F2: Represents weighted average purchase price. These shares were sold at prices ranging from $215.12 to $217.17. Full information regarding the number of shares purchased 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.

F3: Stock option granted pursuant to the 2001 Stock Option and Incentive Plan. Options vest in eight (8) equal annual installments benginning one (1) year from date of grant.