-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WIxtDe43p7SR94toelbGr8X/hNDLHVdV/etvK7bZOv2UK48Q2DtMgbHsHZywvsX2 h9IworRpJiBZaf5DS8BnWQ== 0000318380-00-000007.txt : 20000503 0000318380-00-000007.hdr.sgml : 20000503 ACCESSION NUMBER: 0000318380-00-000007 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000502 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SHURGARD STORAGE CENTERS INC CENTRAL INDEX KEY: 0000906933 STANDARD INDUSTRIAL CLASSIFICATION: LESSORS OF REAL PROPERTY, NEC [6519] IRS NUMBER: 911603837 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-45339 FILM NUMBER: 616316 BUSINESS ADDRESS: STREET 1: 1155 VALLEY STREET STREET 2: STE 400 CITY: SEATTLE STATE: WA ZIP: 98109 BUSINESS PHONE: 2066248100 MAIL ADDRESS: STREET 1: 1155 VALLEY STREET STREET 2: SUITE 400 CITY: SEATTLE STATE: WA ZIP: 98109 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC STORAGE INC /CA CENTRAL INDEX KEY: 0000318380 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 953551121 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 701 WESTERN AVE STREET 2: STE 200 CITY: GLENDALE STATE: CA ZIP: 91201-2397 BUSINESS PHONE: 8182448080 MAIL ADDRESS: STREET 1: 701 WESTERN AVE STREET 2: SUITE 200 CITY: GLENDALE STATE: CA ZIP: 91201 FORMER COMPANY: FORMER CONFORMED NAME: STORAGE EQUITIES INC DATE OF NAME CHANGE: 19920703 SC 13D/A 1 SCHEDULE 13D AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* SHURGARD STORAGE CENTERS, INC. ------------------------------------------------------------------- (Name of Issuer) Class A Common Stock, $0.001 Par Value ------------------------------------------------------------------- (Title of Class of Securities) 82567D104 ------------------------------------------------------------------- (CUSIP Number) David Goldberg, 701 Western Avenue, Glendale, California 91201-2349 818/244-8080, ext. 529 ------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 1, 2000 ------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D CUSIP No. 82567D104 1 Name of Reporting Person I.R.S. Identification No. of Above Person (Entities Only) Public Storage, Inc. 95-3551121 2 Check the Appropriate Box if a Member of a Group* a. [ ] b. [ ] 3 SEC Use Only 4 Source of Funds* 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] 6 Citizenship or Place of Organization California NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 Sole Voting Power 1,805,875 8 Shared Voting Power N/A 9 Sole Dispositive Power 1,805,875 10 Shared Dispositive Power N/A 11 Aggregate Amount Beneficially Owned by Each Reporting Person 1,805,875 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ] 13 Percent of Class Represented by Amount in Row (11) 6.2% 14 Type of Reporting Person* CO * SEE INSTRUCTIONS BEFORE FILLING OUT! The Statement on Schedule 13D dated February 22, 2000 (the "Schedule 13D") filed by Public Storage, Inc. ("PSI"), relating to the Class A Common Stock, $0.001 par value (the "Shares"), of Shurgard Storage Centers, Inc. (the "Issuer"), is amended by this Amendment No. 1 as set forth below. Defined terms that are not defined herein have the meanings assigned to those terms in the Schedule 13D. Item 4. Purpose of Transaction - ------------------------------ Item 4 of the Schedule 13D is supplemented by adding the following: In mid-April 2000, representatives of PSI met with representatives of Issuer in Seattle, Washington to discuss the acquisition of Issuer by PSI based on the value of Issuer's assets plus a premium above the asset value to be negotiated by the parties. Issuer's representatives did not inquire as to the size of this premium or demonstrate any interest in negotiating a satisfactory premium or any other aspect of a possible transaction. Following the mid-April 2000 meeting there were no further discussions relating to a possible acquisition until, in late April 2000, a representative of Issuer telephoned a representative of PSI to inform him that Issuer's board of directors had no interest in selling. Item 5. Interest in Securities of the Issuer - -------------------------------------------- Item 5 of the Schedule 13D is supplemented as follows: (a) As of May 1, 2000, PSI owned 1,805,875 Shares, which constituted approximately 6.2% of the total number of Shares outstanding. (b) PSI has the sole power to vote and the sole power to dispose of all of the 1,805,875 Shares owned by it. (c) During the 60-day period ending on May 1, 2000, PSI purchased or sold the number of Shares in the transactions, on the transaction dates and at the prices per Share (not including commissions) set forth below: No. of Shares No. of Price Type of Transaction Date Purchased Shares Sold Per Share Transaction - ---------------- ------------- ------------ --------- ----------- 3-03-2000 78,000 $23.7500 Open Market 3-31-2000 1,200 24.8750 Open Market 4-04-2000 1,500 24.8750 Open Market 5-01-2000 116,700 25.7500 Open Market 5-01-2000 3,000 25.8125 Open Market 5-01-2000 5,400 25.8750 Open Market 5-01-2000 9,500 25.9375 Open Market To the best of PSI's knowledge, except as disclosed herein, PSI does not have beneficial ownership of any Shares as of May 1, 2000 and has not engaged in any transaction in any Shares during the 60-day period ending May 1, 2000. (d) Except as disclosed herein, no other person is known to PSI to have the right to receive or the power to direct receipt of distributions from, or the proceeds for the sale of, the Shares beneficially owned by PSI. SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: May 1, 2000 PUBLIC STORAGE, INC. By: /S/ DAVID GOLDBERG ----------------------------- David Goldberg Senior Vice President and General Counsel -----END PRIVACY-ENHANCED MESSAGE-----