Form 4 for PSA Public Storage
Accepted 2022-08-17 00:00:00 ET · period of report 2022-08-16 · accession 0001567619-22-016389 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-08-17 | 2022-08-16 | PSA | REYES JOHN | Dir | S - Sale+OE | $353.15 | -51.6K | 214.2K | -19% | -$18.24M |
| D | 2022-08-17 | 2022-08-16 | PSA | REYES JOHN | Dir | M - OptEx | $147.19 | +51.6K | 227.1K | +29% | +$7.60M |
| D | 2022-08-17 | 2022-08-16 | PSA | REYES JOHN | Dir | M - OptEx | $0.00 | -51.6K | 0 | -100% | $0 |
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 | 2022-08-16 | S | D | 21,079 | $352.76 | 193,162 | D | — | — | (F3) Represents weighted average price. These shares were sold at prices ranging between $352.29 and $353.27. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. (F1) Includes 1,679 deferred stock units. |
| 2 | Common | Common Stock | 2022-08-16 | S | D | 3,912 | $355.35 | 175,449 | D | — | — | (F6) Represents weighted average price. These shares were sold at prices ranging between $355.32 and $355.49. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. (F1) Includes 1,679 deferred stock units. |
| 3 | Common | Common Stock | 2022-08-16 | S | D | 7,553 | $354.72 | 179,361 | D | — | — | (F5) Represents weighted average price. These shares were sold at prices ranging between $354.32 and $355.29. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. (F1) Includes 1,679 deferred stock units. |
| 4 | Common | Common Stock | 2022-08-16 | S | D | 6,248 | $353.72 | 186,914 | D | — | — | (F4) Represents weighted average price. These shares were sold at prices ranging between $353.30 and $354.29. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. (F1) Includes 1,679 deferred stock units. |
| 5 | Common | Common Stock | 2022-08-16 | S | D | 12,845 | $351.91 | 214,241 | D | — | — | (F2) Represents weighted average price. These shares were sold at prices ranging between $351.28 and $352.27. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. (F1) Includes 1,679 deferred stock units. |
| 6 | Common | Common Stock | 2022-08-16 | M | A | 51,637 | $147.19 | 227,086 | D | — | — | (F1) Includes 1,679 deferred stock units. |
| 7 | Derivative | Stock Option (Right to Buy) | 2022-08-16 | M | D | 51,637 | $0.00 | 0 | D | $147.19 · 2014-02-21 to 2023-02-21 | 51,637 Common Stock | (F7) Stock option granted pursuant to the Public Storage 2007 Equity and Performance-Based Incentive Compensation Plan. Option vests in five (5) equal annual installments beginning one (1) year from the date of grant. (F8) This option was previously reported as an option for 100,000 common shares (of which 50,000 were previously exercised) at an exercise price of $152.01, but, pursuant to anti-dilution provisions of the Public Storage 2007 Equity and Performance-Based Incentive Compensation Plan, was adjusted to reflect the special dividend declared by Public Storage on July 22, 2022. |