SEC Form 4 · accession 0001140361-16-069440
Public Storage · PSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
B Wayne Hughes Jr.
Director · 10% Owner
Period of report
Mar 18, 2016
Accepted (ET)
Jun 10, 2016 · 2:38 pm EDT
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 | Mar 18, 2016 | G | 1,983 | $0.00 | D | 5,070,171 | I | By Living Trust |
| Common StockF1 | May 13, 2016 | G | 836 | $0.00 | D | 5,069,335 | I | By Living Trust |
| Common StockF1 | May 24, 2016 | G | 1,888 | $0.00 | D | 5,067,447 | I | By Living Trust |
| Common StockF2,F3 | Jun 8, 2016 | P | 22,100 | $252.4231 | A | 22,100 | I | As Trustee |
| Common StockF4 | holding | — | — | — | 11,348 | D | ||
| Common StockF5 | holding | — | — | — | 44,312 | I | By IRA |
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)F6 | $258.49 | holding | — | — | — | Apr 25, 2017 | Apr 25, 2026 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F6 | $187.91 | holding | — | — | — | Apr 30, 2016 | Apr 30, 2025 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F6 | $176.19 | holding | — | — | — | May 1, 2015 | May 1, 2024 | Common stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F6 | $164.62 | holding | — | — | — | May 9, 2014 | May 9, 2023 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F6 | $144.97 | holding | — | — | — | May 3, 2013 | May 3, 2022 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F6 | $115.96 | holding | — | — | — | May 5, 2012 | May 5, 2021 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F6 | $94.25 | holding | — | — | — | May 6, 2011 | May 6, 2020 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F6 | $62.80 | holding | — | — | — | May 7, 2010 | May 7, 2019 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F6 | $91.81 | holding | — | — | — | May 8, 2009 | May 8, 2018 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F6 | $74.23 | holding | — | — | — | Aug 2, 2008 | Aug 2, 2017 | Common Stock | 2,500 | 2,500 | D |
| Stock Option (right to buy)F6 | $91.68 | holding | — | — | — | May 3, 2008 | May 3, 2017 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1By B. Wayne Hughes, Jr., trustee for B. Wayne Hughes, Jr. Living Trust.
- F2Represents weighted average purchase price. These shares were purchased at prices ranging from $251.175 to $253.7899. Full information regarding the number of shares purchased 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.
- F3By reporting person as a trustee of a trust for the benefit of reporting person's son.
- F4By Tamara Hughes Gustavson and B. Wayne Hughes, Jr. - Separate Property.
- F5By custodian of an IRA for benefit of reporting person.
- F6Stock Options granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan, as Amended. Options vest in three (3) equal annual installments beginning one (1) year from the grant date.