OVERTURF JAMES 4
4 · Extra Space Storage Inc. · Filed Feb 14, 2020
Insider Transaction Report
Form 4
OVERTURF JAMES
SVP/Chief Marketing Officer
Transactions
- Award
Common Stock
2020-02-12$112.16/sh+2,435$273,110→ 61,232 total - Award
Common Stock
2020-02-12$112.16/sh+4,137$464,006→ 65,369 total - Tax Payment
Common Stock
2020-02-13$112.32/sh−1,881$211,274→ 63,488 total
Footnotes (3)
- [F1]Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
- [F2]Represents the number of shares of common stock issued upon the vesting of performance stock units (PSUs). Each PSU represented a contingent right to receive shares of the Issuer common stock. The PSUs were originally granted on March 14, 2017 and were eligible to vest based on the Issuer achievement of certain performance objectives during the three-year performance period ending December 31, 2019. On February 12, 2020, the Compensation Committee of the Board of Directors of the Issuer certified the Issuer achievement relative to the applicable performance objectives and approved the vesting of the PSUs with respect to these shares.
- [F3]Represents shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of the PSUs.