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Filing Details

Accession Number:
0001567619-18-002005
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-31 19:48:23
Reporting Period:
2018-08-29
Accepted Time:
2018-08-31 19:48:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1393311 Public Storage PSA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1227384 Jr L Ronald Havner C/o Public Storage
701 Western Avenue
Glendale CA 91201
Chairman & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-08-29 5,328 $50.30 132,828 No 4 M Indirect As Trustee
Common Stock Disposition 2018-08-29 5,328 $213.09 127,500 No 4 S Indirect As Trustee
Common Stock Acquisiton 2018-08-30 94,672 $50.30 222,172 No 4 M Indirect As Trustee
Common Stock Disposition 2018-08-30 94,672 $211.45 127,500 No 4 S Indirect As Trustee
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect As Trustee
No 4 S Indirect As Trustee
No 4 M Indirect As Trustee
No 4 S Indirect As Trustee
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2018-08-29 5,328 $0.00 5,328 $50.30
Common Stock Stock Option (right to buy) Disposition 2018-08-30 94,672 $0.00 94,672 $50.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
94,672 2010-03-02 2019-03-02 No 4 M Direct
0 2010-03-02 2019-03-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 144,237 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (right to buy) $194.44 2019-02-28 2028-02-28 100,000 100,000 Direct
Common Stock Stock Option (right to buy) $226.24 2018-02-22 2027-02-22 100,000 100,000 Direct
Common Stock Stock Option (right to buy) $233.61 2017-02-15 2026-02-15 100,000 100,000 Direct
Common Stock Stock Option (right to buy) $198.79 2016-02-19 2025-02-19 100,000 100,000 Direct
Common Stock Stock Option (right to buy) $166.71 2015-02-20 2024-02-20 100,000 100,000 Direct
Common Stock Stock Option (right to buy) $152.01 2014-02-21 2023-02-21 100,000 100,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-02-28 100,000 100,000 Direct
2027-02-22 100,000 100,000 Direct
2026-02-15 100,000 100,000 Direct
2025-02-19 100,000 100,000 Direct
2024-02-20 100,000 100,000 Direct
2023-02-21 100,000 100,000 Direct
Footnotes
  1. By Ronald L. Havner, Jr. and LeeAnn R. Havner, Trustees of the Havner Family Trust.
  2. Represents weighted average sale price. These shares were sold at prices ranging between $213.00 and $213.26. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
  3. Represents weighted average sale price. These shares were sold at prices ranging between $211.00 and $212.33. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
  4. All are restricted share units. Mr. Havner has postponed receipt of 10,000 shares of vested restricted stock units granted on February 19, 2015 with an original vesting date of April 1, 2016, for receipt in 10 equal installments over 10 years starting on each April 1, 2021 to April 1, 2030.
  5. Stock Option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan, as amended. Option vests in three (3) equal annual installments beginning one (1) year from the date of grant.
  6. 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.
  7. Stock Option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan, as amended. Option vests in five (5) equal annual installments beginning one (1) year from the date of grant.