Form 4 for PSA Public Storage
Accepted 2023-04-04 00:00:00 ET · period of report 2023-03-31 · accession 0001140361-23-016396 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-04-04 | 2023-03-31 | PSA | HAVNER RONALD L JR | Dir | A - Grant | $302.14 | +100 | 47.6K | +0.2% | +$30.2K | |
| 2023-04-04 | 2023-04-01 | PSA | HAVNER RONALD L JR | Dir | F - Tax | $302.14 | -419 | 47.2K | -0.9% | -$126.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-31 | A | A | 100 | $302.14 | 47,638 | D | — | — | (F1) Grant of fully-vested deferred stock units pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each deferred stock unit represents the right to receive one share of the Company's common stock. The number of deferred stock units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in deferred stock units, divided by the Company's closing stock price on the grant date, rounded up to the nearest deferred stock unit. The deferred stock units will be settled in shares of unrestricted common stock (i) in a lump sum upon the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company. (F2) Includes 33,125 restricted stock units and 1,990 deferred stock units. Mr. Havner postponed receipt of 10,000 vested restricted stock units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 8,000 remain subject to deferred receipt. |
| 2 | Common | Common Stock | 2023-04-01 | F | D | 419 | $302.14 | 47,219 | D | — | — | (F3) Includes 33,125 restricted stock units and 1,990 deferred stock units. Mr. Havner postponed receipt of 10,000 vested restricted stock units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. On April 1, 2023, Mr. Havner received the third installment of such vested restricted stock units and 7,000 remain subject to deferred receipt. |