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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1393311	Public Storage	PSA	Real Estate Investment Trusts (6798)	953551121

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
935808	Al Et Wayne B Hughes	C/O Public Storage 701 Western Avenue Glendale CA 91201		Yes	No	Yes	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	Disposition	2012-02-29	529,363	$13.64	0	No	4	S	Indirect	By 401(k) Plan

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By 401(k) Plan

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,923,141	Indirect	As Trustee
Common Stock	1,427	Indirect	By IRA
Common Stock	735,000	Indirect	By GRAT

Footnotes

By B. Wayne Hughes, trustee for B.W. Hughes Living Trust dated 6/3/77 (the "Living Trust").
By custodian of an IRA for the reporting person's benefit.
By B. Wayne Hughes, trustee of Wayne Hughes 6-07 Annuity Trust.
401 (k) plan units that represent interests in common stock or equity stock; based on plan information as of February 29, 2012. There is not a one to one correlation between units and shares. Any reduction in the number of units from prior filings represents the liquidation of units by the trustee of the plan to fund mandatory distributions to the reporting person.