SEC Form 4 · accession 0001179110-16-019959
Extra Space Storage Inc. · EXR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Spencer Kirk
Officer — Chief Executive Officer · Director
Period of report
Feb 22, 2016
Accepted (ET)
Feb 23, 2016 · 7:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001289490
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 22, 2016 | A | 14,830 | $0.00 | A | 734,430 | D | |
| Common StockF2 | holding | — | — | — | 2,292,276 | I | Krispen Family Holdings, L.C. | |
| Common StockF3 | holding | — | — | — | 123,215 | I | The Kirk 101 Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4 | $85.99 | Feb 22, 2016 | A | 11,250 | A | — | Feb 22, 2026 | Common Stock | 11,250 | 307,715 | D |
Explanation of responses
- F1Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date. The market value on the grant date was $85.99.
- F2The reporting person disclaims beneficial ownership in the common stock held by Krispen Family Holdings, L.C., except to the extent of his pecuniary interest therein.
- F3The reporting person disclaims beneficial ownership in the common stock held by The Kirk 101 Trust, except to the extent of his pecuniary interest therein.
- F4Stock options vest 25% annually over four years, beginning on the first anniversary of the grant date.