SEC Form 4 · accession 0001140361-16-086109
Public Storage · PSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tamara Hughes Gustavson
Director · 10% Owner
Period of report
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 11:39 am 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 | Nov 10, 2016 | P | 69,000 | $214.9737 | A | 16,396,449 | D | |
| Common Stock | Nov 11, 2016 | P | 763 | $215.29 | A | 16,397,212 | D | |
| Common StockF2 | holding | — | — | — | 11,348 | D | ||
| Common StockF3 | holding | — | — | — | 17,890 | I | By husband as custodian | |
| Common StockF4 | holding | — | — | — | 27,343 | I | By IRA | |
| Common StockF5 | holding | — | — | — | 1,300 | I | By husband | |
| Common StockF6 | holding | — | — | — | 5,500 | D | ||
| Common StockF7 | holding | — | — | — | 895,390 | I | By son | |
| Common StockF8 | holding | — | — | — | 675,000 | I | By custodian | |
| Common StockF9 | holding | — | — | — | 200,000 | I | By LLC |
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)F10 | $258.49 | holding | — | — | — | Apr 25, 2017 | Apr 25, 2026 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F10 | $187.91 | holding | — | — | — | Apr 30, 2016 | Apr 30, 2025 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F10 | $176.19 | holding | — | — | — | May 1, 2015 | May 1, 2024 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F10 | $164.42 | holding | — | — | — | May 9, 2014 | May 9, 2023 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F10 | $144.97 | holding | — | — | — | May 3, 2013 | May 3, 2022 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F10 | $115.96 | holding | — | — | — | May 5, 2012 | May 5, 2021 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F10 | $94.25 | holding | — | — | — | May 6, 2011 | May 6, 2020 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F10 | $62.80 | holding | — | — | — | May 7, 2010 | May 7, 2019 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F10 | $70.72 | holding | — | — | — | Nov 25, 2009 | Nov 25, 2018 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Represents weighted average purchase price. These shares were purchased at prices ranging between $214.45 and $216.07. 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.
- F10Stock Option 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.
- F2By Tamara Hughes Gustavson and B. Wayne Hughes, Jr. - Separate Property.
- F3By husband as custodian for daughter.
- F4By custodian of an IRA for benefit of reporting person.
- F5By husband.
- F6By reporting person and husband
- F7By son. Includes 875,000 shares previously reported as owned by husband as trustee of a charitable lead annuity trust, 2,500 shares previously reported as owned by reporting person as custodian for son and 17,890 shares previously reported as owned by husband as custodian for son.
- F8By third party custodian for the benefit of daughter. Includes 675,000 shares previously reported as owned by husband as trustee of a charitable lead annuity trust.
- F9By limited liability company wholly-owned by daughter. Previously reported as owned by husband as trustee of a charitable lead annuity trust.