0001393311-24-000026.txt : 20240207
0001393311-24-000026.hdr.sgml : 20240207
20240207171629
ACCESSION NUMBER: 0001393311-24-000026
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240205
FILED AS OF DATE: 20240207
DATE AS OF CHANGE: 20240207
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Johnson Natalia
CENTRAL INDEX KEY: 0001726283
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33519
FILM NUMBER: 24605823
MAIL ADDRESS:
STREET 1: C/O PUBLIC STORAGE
STREET 2: 701 WESTERN AVENUE
CITY: GLENDALE
STATE: CA
ZIP: 91201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Public Storage
CENTRAL INDEX KEY: 0001393311
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 953551121
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 701 WESTERN AVENUE
CITY: GLENDALE
STATE: CA
ZIP: 91201-2349
BUSINESS PHONE: 818-244-8080
MAIL ADDRESS:
STREET 1: 701 WESTERN AVENUE
CITY: GLENDALE
STATE: CA
ZIP: 91201-2349
4
1
wk-form4_1707344175.xml
FORM 4
X0508
4
2024-02-05
0
0001393311
Public Storage
PSA
0001726283
Johnson Natalia
C/O PUBLIC STORAGE
701 WESTERN AVENUE
GLENDALE
CA
91201
0
1
0
0
Chief Administrative Officer
0
Stock Option (Right to Buy)
222.66
2024-02-05
4
A
0
77456
0
A
2024-02-16
2031-02-16
Common Shares
77456
77456
D
Reflects an award of performance-based stock options originally granted February 16, 2021, subject to a three year (2021-2023) performance period. As originally granted, this award was for 50,000 options (at target) with an exercise price of $229.95 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 February 5, 2024, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 150% of target, as reflected here. Three-fifths of these options will vest on February 16, 2024, with the remaining vesting ratably over the next two years.
/s/ Nathaniel A. Vitan, Attorney-in-Fact
2024-02-07