HUGHES B WAYNE JR 4
4 · Public Storage · Filed May 3, 2021
Insider Transaction Report
Form 4
HUGHES B WAYNE JR
Director10% Owner
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2021-04-29−5,000→ 0 totalExercise: $115.96Exp: 2021-05-05→ Common Stock (5,000 underlying) - Gift
Common Stock
2020-12-30−2,283,400→ 2,330,000 total(indirect: By LLC) - Exercise/Conversion
Common Stock
2021-04-29$115.96/sh+5,000$579,800→ 2,673,316 total(indirect: By Trust)
Holdings
- 44,312(indirect: By IRA)
Common Stock
- 11,348
Common Stock
- 22,100(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]This option to purchase 5,000 shares of common stock vested as to one-third on each of May 5, 2012, 2013 and 2014.
- [F2]On December 24, 2020, the reporting person transferred 2,330,000 shares of common stock to GasDog 2020 LLC, in which the reporting person owned a 100% interest. On December 30, 2020, 98% of the interest in GasDog 2020 LLC was transferred to the B. Wayne Hughes, Jr. Irrevocable Trust, of which the reporting person is a beneficiary. The reporting person disclaims beneficial ownership of the LLC's holdings except to the extent of his pecuniary interest in them.
- [F3]By reporting person as trustee for the B. Wayne Hughes, Jr. Living Trust.
- [F4]By Tamara Hughes Gustavson and B. Wayne Hughes, Jr. - Separate Property.
- [F5]By custodian of an IRA for benefit of reporting person.
- [F6]By reporting person as a trustee of a trust for the benefit of reporting person's son.