Public Storage — Director's Dealing 2020

Apr 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2020-04-14

Reporting Person: Pruitt Gary E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-14	Common Stock	M	5000	$94.25	Acquired	8350	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-14	Stock Option (Right to Buy)	$94.25	M	5000	Disposed	2020-05-06	Common Stock (5000)	Direct

Footnotes

F1: Stock Option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan, as amended. Option vested in three (3) equal annual installments beginning one (1) year from date
of grant.

F2: This option to purchase 5,000 shares of common stock became exercisable as to one-third on each of May 6, 2011, 2012 and 2013.