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Public Storage Director's Dealing 2016

Nov 14, 2016

30014_dirs_2016-11-14_aa9c204b-a77a-496a-a67e-5b9d4089b982.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: 2016-11-10

Reporting Person: GUSTAVSON TAMARA HUGHES (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-11-10 Common Stock P 69000 $214.9737 Acquired 16396449 Direct
2016-11-11 Common Stock P 763 $215.29 Acquired 16397212 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 11348 Direct
Common Stock 17890 Indirect
Common Stock 27343 Indirect
Common Stock 1300 Indirect
Common Stock 5500 Direct
Common Stock 895390 Indirect
Common Stock 675000 Indirect
Common Stock 200000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $258.49 2026-04-25 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $187.91 2025-04-30 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $176.19 2024-05-01 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $164.42 2023-05-09 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $144.97 2022-05-03 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $115.96 2021-05-05 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $94.25 2020-05-06 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $62.80 2019-05-07 Common Stock (5000) 5000 Direct
Stock Option (right to buy) $70.72 2018-11-25 Common Stock (15000) 15000 Direct

Footnotes

F1: Represents weighted average purchase price. These shares were purchased at prices ranging between $214.45 and $216.07. 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.

F2: By Tamara Hughes Gustavson and B. Wayne Hughes, Jr. - Separate Property.

F3: By husband as custodian for daughter.

F4: By custodian of an IRA for benefit of reporting person.

F5: By husband.

F6: By reporting person and husband

F7: By son. Includes 875,000 shares previously reported as owned by husband as trustee of a charitable lead annuity trust, 2,500 shares previously reported as owned by reporting person as custodian for son and 17,890 shares previously reported as owned by husband as custodian for son.

F8: By third party custodian for the benefit of daughter. Includes 675,000 shares previously reported as owned by husband as trustee of a charitable lead annuity trust.

F9: By limited liability company wholly-owned by daughter. Previously reported as owned by husband as trustee of a charitable lead annuity trust.

F10: 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 grant date.