4//SEC Filing
Boyle Tom 4
Accession 0001393311-24-000024
CIK 0001393311other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 5:15 PM ET
Size
6.2 KB
Accession
0001393311-24-000024
Insider Transaction Report
Form 4
Boyle Tom
CFO and CIO
Transactions
- Award
Stock Option (Right to Buy)
2024-02-05+100,692→ 100,692 totalExercise: $222.66From: 2024-02-16Exp: 2031-02-16→ Common Shares (100,692 underlying)
Footnotes (1)
- [F1]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 65,000 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.
Documents
Issuer
Public Storage
CIK 0001393311
Entity typeother
Related Parties
1- filerCIK 0001734897
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 5:15 PM ET
- Size
- 6.2 KB