Public Storage — Director's Dealing 2021

Feb 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2021-02-22

Reporting Person: HAVNER RONALD L JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-22	Common Stock	F	1772	$237.76	Disposed	103752	Direct
2021-02-22	Common Stock	G	4802	$0.00	Disposed	98950	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1900	Indirect
Common Stock	170891	Indirect

Footnotes

F1: Includes 85,625 restricted stock units and 1,102 deferred stock units. Also includes 10,000 vested restricted stock units granted February 19, 2015 with an original vesting date of April 1, 2016. Mr. Havner has postponed receipt of these vested restricted stock units in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030.

F2: Reflects transfer of shares to Mr. Havner's trust.

F3: By Ronald L. Havner and LeeAnn R. Havner, Trustee of Havner Family Trust.