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Public Storage — Director's Dealing 2017
May 15, 2017
30014_dirs_2017-05-15_a528fadc-95a6-444f-ae28-06f62ae985fb.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: 2017-05-12
Reporting Person: REYES JOHN (SENIOR VICE PRESIDENT / CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-12 | Common Stock | M | 65000 | $80.48 | Acquired | 254210 | Direct |
| 2017-05-12 | Common Stock | S | 65000 | $208.4374 | Disposed | 189210 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-12 | Stock Option (right to buy) | $80.48 | M | 65000 | Disposed | 2018-02-27 | Common Stock (65000) | Direct |
Footnotes
F1: Includes 102,000 restricted share units.
F2: Represents weighted average purchase price. These shares were sold at prices ranging between $207.74 and $208.76. 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 2007 Equity and Performance-Based Incentive Compensation Plan, as amended. Option vests in five (5) equal annual installments beginning one (1) year from the grant date.