Filing Details

Accession Number:
0001393311-23-000106
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-12 20:25:17
Reporting Period:
2023-12-12
Accepted Time:
2023-12-12 20:25:17
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
1227389 John Reyes C/O Public Storage
701 Western Avenue
Glendale CA 91201
Yes No 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 Shares Acquisiton 2023-12-12 53,275 $161.42 227,467 No 4 M Direct
Common Shares Disposition 2023-12-12 33,581 $272.82 193,886 No 4 S Direct
Common Shares Disposition 2023-12-12 19,694 $273.23 174,192 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Stock Option (Right to Buy) Disposition 2023-12-12 53,275 $0.00 53,275 $161.42
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-02-20 2024-02-20 No 4 M Direct
Footnotes
  1. Includes 17,300 restricted stock units and 2,207 deferred stock units.
  2. Represents weighted average price. These shares were sold at prices ranging between $272.58 and $272.99. 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 price. These shares were sold at prices ranging between $273.00 and $273.82. 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. Stock option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan. Option vests in five (5) equal annual installments beginning one (1) year from grant date.
  5. This option was previously reported as an option for 100,000 common shares at an exercise price of $166.71, 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. Of the 103,275 common shares underlying the as-adjusted option, the reporting person previously reported the exercise of this option as to 50,000 common shares, and the exercise reported on this Form 4 reflects the exercise of the remainder of the option.