SEC Form 4 · accession 0001140361-15-001264
Public Storage · PSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lily Yan Hughes
Officer — SVP, CLO & Corp Sec
Period of report
Jan 8, 2015
Accepted (ET)
Jan 9, 2015 · 4:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393311
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 8, 2015 | A | 3,000 | $0.00 | A | 3,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $197.90 | Jan 8, 2015 | A | 50,000 | A | Jan 8, 2016 | Jan 8, 2025 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Award of restricted share units that vest in five (5) equal annual installments beginning one (1) year from the date of grant.
- F2Stock Option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan As Amended. Options vest in five (5) equal annual installments beginning one (1) year from the date of grant.