Filing Details
- Accession Number:
- 0001140361-17-011933
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-14 16:41:44
- Reporting Period:
- 2017-03-10
- Filing Date:
- 2017-03-14
- Accepted Time:
- 2017-03-14 16:41:44
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1393311 | Public Storage | PSA | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1227384 | Jr L Ronald Havner | C/O Public Storage 701 Western Avenue Glendale CA 91201 | Chairman & 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 | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-03-10 | 43,000 | $81.81 | 149,643 | No | 4 | M | Indirect | As Trustee |
| Common Stock | Disposition | 2017-03-10 | 43,000 | $220.05 | 106,643 | No | 4 | S | Indirect | As Trustee |
| Common Stock | Acquisiton | 2017-03-14 | 40,000 | $81.81 | 146,643 | No | 4 | M | Indirect | As Trustee |
| Common Stock | Disposition | 2017-03-14 | 40,000 | $218.95 | 106,643 | No | 4 | S | Indirect | As Trustee |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | As Trustee |
| No | 4 | S | Indirect | As Trustee |
| No | 4 | M | Indirect | As Trustee |
| No | 4 | S | Indirect | As Trustee |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2017-03-10 | 43,000 | $0.00 | 43,000 | $81.81 |
| Common Stock | Stock Option (right to buy) | Disposition | 2017-03-14 | 40,000 | $0.00 | 40,000 | $81.81 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 40,000 | 2008-12-08 | 2017-12-08 | No | 4 | M | Indirect |
| 0 | 2008-12-08 | 2017-12-08 | No | 4 | M | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 159,237 | 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) | $226.24 | 2018-02-22 | 2027-02-22 | 100,000 | 100,000 | Direct |
| Common Stock | Stock Option (right to buy) | $233.61 | 2017-02-15 | 2026-02-15 | 100,000 | 100,000 | Direct |
| Common Stock | Stock Option (right to buy) | $198.79 | 2016-02-19 | 2025-02-19 | 100,000 | 100,000 | Direct |
| Common Stock | Stock Option (right to buy) | $166.71 | 2015-02-20 | 2024-02-20 | 100,000 | 100,000 | Direct |
| Common Stock | Stock Option (right to buy) | $152.01 | 2014-02-21 | 2023-02-21 | 100,000 | 100,000 | Direct |
| Common Stock | Stock Option (right to buy) | $50.30 | 2010-03-02 | 2019-03-02 | 100,000 | 100,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2027-02-22 | 100,000 | 100,000 | Direct |
| 2026-02-15 | 100,000 | 100,000 | Direct |
| 2025-02-19 | 100,000 | 100,000 | Direct |
| 2024-02-20 | 100,000 | 100,000 | Direct |
| 2023-02-21 | 100,000 | 100,000 | Direct |
| 2019-03-02 | 100,000 | 100,000 | Direct |
Footnotes
- By Ronald L. Havner, Jr. and LeeAnn R. Havner, Trustees of the Havner Family Trust.
- Represents weighted average sale price. These shares were sold at prices ranging between $220.00 and $220.14. 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.
- Represents weighted average sale price. These shares were sold at prices ranging between $218.75 and $219.315. 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.
- All are restricted share units. Mr. Havner has postponed receipt of 10,000 shares of vested restricted stock units granted on February 19, 2015 with an original vesting date of April 1, 2016, for receipt in 10 equal installments over 10 years starting on each April 1, 2021 to April 1, 2030.
- Stock Option granted pursuant to the 2016 Equity and Performance-Based Incentive Compensation Plan. Option vests in five (5) equal annual installments beginning one (1) year from the date of grant.
- Stock Option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan, as amended. Option vests in five (5) equal annual installments beginning one (1) year from the date of grant.
- Stock Option granted pursuant to the 2007 Equity and Performance-Based Incentive Compensation Plan, as amended. Option vests in three (3) equal annual installments beginning one (1) year from the date of grant.
Billionaire Hedge Funds
