SEC Form 4 · accession 0001567619-19-006601
Public Storage · PSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tom Boyle
Officer — SVP & CFO
Period of report
Mar 8, 2019
Accepted (ET)
Mar 11, 2019 · 6:39 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,F2 | Mar 8, 2019 | A | 6,750 | $0.00 | A | 13,875 | 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)F3 | $214.32 | Mar 8, 2019 | A | 15,000 | A | Mar 8, 2020 | Mar 8, 2029 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Award of restricted share units. 3,000 RSUs vest in five (5) equal annual installments beginning one (1) year from the date of grant. 3,750 RSUs vest in eight (8) equal annual installments beginning one (1) year from the date of grant.
- F2Includes 13,800 restricted share units.
- F3Stock 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