Public Storage — Director's Dealing 2021

Aug 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2021-08-20

Reporting Person: STONE HEISZ LESLIE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-20	Common Stock	M	5000	$193.71	Acquired	5250	Direct
2021-08-20	Common Stock	S	3957	$323.7	Disposed	1293	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-20	Stock Option (right to buy)	$193.71	M	5000	Disposed	2028-04-25	Common Stock (5000)	Direct

Footnotes

F1: Includes 250 deferred stock units.

F2: Represents weighted average price. These shares were sold at prices ranging betwen $323.385 and $324.065. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.

F3: Stock option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vested in three (3) equal annual installments beginning one (1) year from the date of grant.