SEC Form 4 · accession 0001179110-16-032542
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
Nov 29, 2016
Accepted (ET)
Dec 7, 2016 · 7:16 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 StockF4 | Nov 29, 2016 | G | 145,000 | $71.565 | D | 589,430 | D | |
| Common Stock | Dec 5, 2016 | M | 75,000 | $15.07 | A | 664,430 | D | |
| Common StockF1,F2 | Dec 5, 2016 | S | 20,000 | $69.4339 | D | 2,092,276 | 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 Options | $15.07 | Dec 5, 2016 | M | 75,000 | D | Sep 6, 2011 | Sep 6, 2017 | Common Stock | 75,000 | 232,715 | D |
Explanation of responses
- F1Sale occurred pursuant to a 10b5-1 plan entered into by Mr. Kirk on November 3, 2016.
- 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.
- F4Closing stock price on November 29, 2016 was $70.85. Average hi / low price for same day was $71.565.