SEC Form 4 · accession 0001140361-17-012350
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 14, 2017
Accepted (ET)
Mar 16, 2017 · 4:30 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 14, 2017 | M | 5,000 | $91.81 | A | 5,039,127 | I | By Living Trust |
| Common StockF2 | holding | — | — | — | 11,348 | D | ||
| Common StockF3 | holding | — | — | — | 44,312 | I | By IRA | |
| Common StockF4 | holding | — | — | — | 22,100 | I | As Trustee |
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)F5 | $91.81 | Mar 14, 2017 | M | 5,000 | D | May 8, 2009 | May 8, 2018 | Common Stock | 5,000 | 0 | D |
| Stock Option (right to buy)F5 | $258.49 | holding | — | — | — | Apr 25, 2017 | Apr 25, 2026 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F5 | $187.91 | holding | — | — | — | Apr 30, 2016 | Apr 30, 2025 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F5 | $176.19 | holding | — | — | — | May 1, 2015 | May 1, 2024 | Common stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F5 | $164.62 | holding | — | — | — | May 9, 2014 | May 9, 2023 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F5 | $144.97 | holding | — | — | — | May 3, 2013 | May 3, 2022 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F5 | $115.96 | holding | — | — | — | May 5, 2012 | May 5, 2021 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F5 | $94.25 | holding | — | — | — | May 6, 2011 | May 6, 2020 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F5 | $62.80 | holding | — | — | — | May 7, 2010 | May 7, 2019 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1By reporting person as trustee for the B. Wayne Hughes, Jr. Living Trust.
- F2By Tamara Hughes Gustavson and B. Wayne Hughes, Jr. - Separate Property.
- F3By custodian of an IRA for benefit of reporting person.
- F4By reporting person as a trustee of a trust for the benefit of reporting person's son.
- F5Stock 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.