SEC Form 4 · accession 0001567619-18-003408
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
Sep 28, 2018
Accepted (ET)
Oct 1, 2018 · 5:49 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 Stock | Sep 28, 2018 | M | 15,000 | $70.72 | A | 16,342,445 | D | |
| Common StockF1 | holding | — | — | — | 11,348 | D | ||
| Common StockF2 | holding | — | — | — | 17,890 | I | By husband as custodian | |
| Common StockF3 | holding | — | — | — | 27,343 | I | By IRA | |
| Common Stock | holding | — | — | — | 1,300 | I | By husband | |
| Common StockF4 | holding | — | — | — | 5,500 | D | ||
| Common Stock | holding | — | — | — | 895,390 | I | By son | |
| Common StockF5 | holding | — | — | — | 675,000 | I | By custodian | |
| Common StockF6 | holding | — | — | — | 200,000 | I | By LLC | |
| Common StockF7 | holding | — | — | — | 295,000 | 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)F9 | $70.72 | Sep 28, 2018 | M | 15,000 | A | Nov 25, 2009 | Nov 25, 2018 | Common Stock | 15,000 | 0 | D |
| Stock Option (right to buy)F8 | $193.71 | holding | — | — | — | Apr 25, 2019 | Apr 25, 2028 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F8 | $223.93 | holding | — | — | — | Apr 26, 2018 | Apr 26, 2027 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F9 | $258.49 | holding | — | — | — | Apr 25, 2017 | Apr 25, 2026 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F9 | $187.91 | holding | — | — | — | Apr 30, 2016 | Apr 30, 2025 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F9 | $176.19 | holding | — | — | — | May 1, 2015 | May 1, 2024 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F9 | $164.42 | holding | — | — | — | May 9, 2014 | May 9, 2023 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F9 | $144.97 | holding | — | — | — | May 3, 2013 | May 3, 2022 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F9 | $115.96 | holding | — | — | — | May 5, 2012 | May 5, 2021 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F9 | $94.25 | holding | — | — | — | May 6, 2011 | May 6, 2020 | Common Stock | 5,000 | 5,000 | D |
| Stock Option (right to buy)F9 | $62.80 | holding | — | — | — | May 7, 2010 | May 7, 2019 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1By Tamara Hughes Gustavson and B. Wayne Hughes, Jr. - Separate Property.
- F2By husband as custodian for daughter.
- F3By custodian of an IRA for benefit of reporting person.
- F4By reporting person and husband
- F5By third party custodian for the benefit of daughter.
- F6By limited liability company wholly-owned by daughter.
- F7By LLC of which reporting person is a member and manager.
- F8Stock Option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vests in three (3) equal annual installments beginning one (1) year from the grant date.
- F9Stock Option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan as amended. Option vests in three (3) equal annual installments beginning one (1) year from the grant date.