Public Storage — Director's Dealing 2023

May 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2023-05-17

Reporting Person: HAVNER RONALD L JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-17	Common Shares	G	5104	—	Disposed	42115	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	320381	Indirect
Common Shares	1900	Indirect

Footnotes

F1: Reflects transfer of shares to Mr. Havner's trust.

F2: Includes 33,125 restricted stock units and 1,990 deferred stock units. Mr. Havner postponed receipt of 10,000 vested restricted stock units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 7,000 remain subject to deferred receipt and are also included here.

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