Public Storage — Director's Dealing 2020

May 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2020-05-07

Reporting Person: REYES JOHN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-07	Common Stock	S	53.32	$183.51	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	179176	Direct

Footnotes

F1: Includes 51,200 restricted stock units and 680 deferred stock units.

F2: Sale represents 100% of 401(K) shares of common stock sold by reporting person as of May 7, 2020.