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Public Storage Director's Dealing 2020

Dec 23, 2020

30014_dirs_2020-12-23_72c09380-0173-4005-9a9b-6fb02738429b.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: 2020-12-23

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-12-23 Common Stock M 5000 $115.96 Acquired 16894476 Direct
2020-12-23 Common Stock M 5000 $144.97 Acquired 16899476 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-12-23 Stock Option (Right to Buy) $115.96 M 5000 Disposed 2021-05-05 Common Stock (5000) Direct
2020-12-23 Stock Option (Right to Buy) $144.97 M 5000 Disposed 2022-05-03 Common Stock (5000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4150 Indirect
Common Stock 11348 Direct
Common Stock 27343 Indirect
Common Stock 1300 Indirect
Common Stock 5500 Direct
Common Stock 295000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $190.9 2030-04-21 Common Stock (5000) 5000 Direct
Stock Option (Right to Buy) $218.22 2029-04-24 Common Stock (5000) 5000 Direct
Stock Option (Right to Buy) $193.71 2028-04-25 Common Stock (5000) 5000 Direct
Stock Option (Right to Buy) $223.93 2027-04-26 Common Stock (5000) 5000 Direct
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

Footnotes

F1: By Tamara Hughes Gustavson and B. Wayne Hughes, Jr. - Separate Property.

F2: By custodian of an IRA for benefit of reporting person.

F3: By reporting person and husband.

F4: By LLC of which reporting person is a member and manager.

F5: Stock Option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vests in three (3) equal annual installments beginning one (1) year from the grant date.

F6: 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 grant date.