Public Storage — Director's Dealing 2019

Mar 11, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2019-03-08

Reporting Person: RUSSELL JOSEPH D JR (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-08	Common Stock	A	8750	—	Acquired	21845	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-08	Stock Option (right to buy)	$214.32	A	20000	Acquired	2029-03-08	Common Stock (20000)	Direct

Footnotes

F1: Awards of restricted share units. 3,750 RSUs vest in five (5) equal annual installments beginning one (1) year from the date of grant. 5,000 RSUs vest in eight (8) equal annual installments beginning one (1) year from the date of grant.

F2: Includes 19,125 restricted share units.

F3: Stock option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vests in five (5) equal annual installments beginning one (1) year from the date of grant