Public Storage — Director's Dealing 2017

Mar 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2017-03-07

Reporting Person: Pruitt Gary E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-07	Common Stock	M	2500	$74.23	Acquired	5850	Direct
2017-03-07	Common Stock	M	2500	$91.68	Acquired	8350	Direct
2017-03-07	Common Stock	S	200	$227.47	Disposed	8150	Direct
2017-03-07	Common Stock	S	300	$227.46	Disposed	7850	Direct
2017-03-07	Common Stock	S	4500	$227.4766	Disposed	3350	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-07	Stock Option (right to buy)	$91.68	M	2500	Disposed	2017-05-03	Common Stock (2500)	Direct
2017-03-07	Stock Option (right to buy)	$74.23	M	2500	Disposed	2017-08-02	Common Stock (2500)	Direct

Footnotes

F1: 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.