SEC Form 4 · accession 0001140361-17-010582
Public Storage · PSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David F Doll
Officer — SENIOR VICE PRESIDENT
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:11 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 | Mar 1, 2017 | F | 783 | $229.33 | D | 51,650 | D | |
| Common StockF2,F3 | Mar 2, 2017 | A | 12,000 | $0.00 | A | 63,650 | 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)F4 | $226.97 | Mar 2, 2017 | A | 25,000 | A | Mar 2, 2018 | Mar 2, 2027 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Includes 23,700 restricted share units.
- F2Award of restricted share units that vest in eight (8) equal annual installments beginning one (1) year from the date of grant.
- F3Includes 35,700 restricted share units.
- F4Stock Option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vests in five (5) equal annual installments beginning one (1) year from the date of grant.