Avedick Baruyr Poladian - Mar 13, 2023 Form 4 Insider Report for Public Storage (PSA)

Role
Director
Signature
/s/ Nathaniel A. Vitan, Attorney-in-Fact
Stock symbol
PSA
Transactions as of
Mar 13, 2023
Transactions value $
$822,982
Form type
4
Date filed
3/14/2023, 11:52 AM
Previous filing
Dec 16, 2022
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSA Common Stock Options Exercise $823K +5.16K +17.21% $159.40 35.2K Mar 13, 2023 Direct
holding PSA Common Stock 1K Mar 13, 2023 By IRA F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PSA Stock Option (Right to Buy) Options Exercise $0 -5.16K -100% $0.00* 0 Mar 13, 2023 Common Stock 5.16K $159.40 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 By the custodian of an IRA for the benefit of Avedick B. Poladian.
F2 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.
F3 This option was previously reported as an option for 5,000 shares of common stock 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.