Public Storage — Director's Dealing 2021

Jun 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2021-06-08

Reporting Person: Vitan Nathaniel A. (Sr. VP, Ch. Legal Off., Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-08	Common Stock	M	4000	$236.23	Acquired	12663	Direct
2021-06-08	Common Stock	S	4000	$293.1	Disposed	8663	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-08	Stock Option (right to buy)	$236.23	M	4000	Disposed	2029-05-27	Common Stock (4000)	Direct

Footnotes

F1: Includes 7,740 RSUs.

F2: 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.