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Public Storage Director's Dealing 2023

Apr 20, 2023

30014_dirs_2023-04-20_5ed78033-ffdb-4e0e-a1d2-74f204b98d53.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2023-04-18

Reporting Person: SPOGLI RONALD P (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-04-18 Common Shares M 5163 $159.40 Acquired 11867 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-04-18 Stock Option (Right to Buy) $159.4 M 5163 Disposed 2023-05-09 Common Shares (5163.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 2000 Indirect

Footnotes

F1: Includes 1,704 deferred stock units.

F2: By Ronald P. Spogli as trustee.

F3: Stock option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan. Option vests in three (3) equal annual installments beginning one (1) year from grant date.

F4: This option was previously reported as an option for 5,000 common shares at an exercise price of $164.62, but, pursuant to anti-dilution provisions of the Company's 2007 Equity and Performance-Based Incentive Compensation Plan, was adjusted to reflect the special dividend declared by the Company on July 22, 2022.