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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
866368	Ps Business Parks Inc	PSB	Real Estate Investment Trusts (6798)	954300881

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1230471	Jr D Joseph Russell	C/O Ps Business Parks, Inc. 701 Western Avenue Glendale CA 91201-2397	President / Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2012-12-12	200	$43.75	34,050	No	4	M	Direct
Common Stock	Disposition	2012-12-12	200	$64.55	33,850	No	4	S	Direct
Common Stock	Acquisiton	2012-12-14	2,227	$43.75	36,077	No	4	M	Direct
Common Stock	Disposition	2012-12-14	2,227	$63.78	33,850	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2012-12-12	200	$0.00	200	$43.75
Common Stock	Stock Option (right to buy)	Disposition	2012-12-14	2,227	$0.00	2,227	$43.75

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
42,300	2006-08-05	2015-08-05	No	4	M	Direct
40,073	2006-08-05	2015-08-05	No	4	M	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (right to buy)	$52.35	2011-03-15	2020-03-15	65,000	65,000	Direct
Common Stock	Stock Option (right to buy) (Common Stock)	$34.34	2003-09-09	2012-09-09	29,216	29,216	Direct
Common Stock	Stock Option (right to buy) (Common Stock)	$34.34	2003-09-09	2012-09-09	4,216	4,216	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2020-03-15	65,000	65,000	Direct
2012-09-09	29,216	29,216	Direct
2012-09-09	4,216	4,216	Direct

Footnotes

Includes 4,000 restricted stock units
Stock options granted pursuant to the 2003 Stock Option and Incentive Plan
Represents weighted average purchase price. These shares were sold at prices ranging between $63.7500 and $63.8400. Full information regarding the number of shares purchased 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.