Public Storage — Director's Dealing 2018

Dec 19, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2018-12-18

Reporting Person: HARKHAM URI P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-18	Common Stock	M	1000	$115.96	Acquired	27805.13	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-18	Stock Option (right to buy)	$115.96	M	1000	Disposed	2021-05-05	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4229.781	Indirect
Common Stock	6374.642	Indirect

Footnotes

F1: By Uri P. Harkham, Trustee of Uri Harkham Trust.

F2: By Harkham Investments L.P. an affiliated entity of Mr. Harkham.

F3: By the custodian of an IRA for the benefit of Uri P. Harkham.

F4: Stock Option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan, as amended. Option vests in three (3) equal annual installments beginning one (1) year from the date of grant.