Form 4 for PSA Public Storage
Accepted 2023-03-02 00:00:00 ET · period of report 2023-01-17 · accession 0001567619-23-004140 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-02 | 2023-02-28 | PSA | Vitan Nathaniel A. | CLO | F - Tax | $298.95 | -519 | 13.8K | -4% | -$155.2K |
| D | 2023-03-02 | 2023-01-17 | PSA | Vitan Nathaniel A. | CLO | A - Grant | $0.00 | +64.5K | 64.5K | New | $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 | 2023-02-28 | F | D | 519 | $298.95 | 13,810 | D | — | — | (F1) Includes 10,330 restricted stock units. |
| 2 | Derivative | Stock Option (Right to Buy) | 2023-01-17 | A | A | 64,546 | $0.00 | 64,546 | D | $221.68 · 2023-03-06 to 2030-03-06 | 64,546 Common Stock | (F2) Reflects an award of performance-based stock options originally granted March 6, 2020, subject to a three year (2020-2022) performance period. As originally granted, this award was for 50,000 options (at target) with an exercise price of $228.94 per share. Pursuant to anti-dilution provisions of the Company's 2016 Equity and Performance-Based Incentive Compensation Plan, these options were adjusted to reflect the special dividend declared by the Company on July 22, 2022. On January 17, 2023, following completion of the performance period, the Compensation Committee certified performance at 125% of target, as reflected here. Three-fifths of these options will vest on March 6, 2023, with the remaining vesting ratably over the next two years. These options were previously inadvertently omitted. |