SEC Form 4 · accession 0001179110-18-003051
Extra Space Storage Inc. · EXR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth M. Woolley
Officer — Executive Chairman · Director
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 5:59 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 Stock | Feb 26, 2018 | M | 10,400 | $38.40 | A | 845,418 | D | |
| Common Stock | Feb 26, 2018 | M | 11,000 | $28.11 | A | 856,418 | D | |
| Common Stock | Feb 26, 2018 | S | 14,500 | $86.8308 | D | 841,918 | D | |
| Common Stock | Feb 26, 2018 | S | 6,900 | $87.0751 | D | 835,018 | D | |
| Common Stock | Feb 26, 2018 | S | 3,131 | $87.15 | D | 831,887 | D | |
| Common Stock | Feb 26, 2018 | S | 22,248 | $86.6936 | D | 809,639 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $38.40 | Feb 26, 2018 | M | 10,400 | D | — | Feb 20, 2023 | Common Stock | 10,400 | 26,645 | D |
| Stock OptionsF2 | $28.11 | Feb 26, 2018 | M | 11,000 | D | — | May 22, 2022 | Common Stock | 11,000 | 15,645 | D |
Explanation of responses
- F1Stock options vest 25% annually over four years, beginning on the first anniversary of the grant date. The grant date was 2/20/2013.
- F2Stock options vest 25% annually over four years, beginning on the first anniversary of the grant date. The grant date was 5/22/2012.