4//SEC Filing
Boyle Tom 4
Accession 0001567619-23-004129
CIK 0001393311other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 12:41 PM ET
Size
7.7 KB
Accession
0001567619-23-004129
Insider Transaction Report
Form 4
Boyle Tom
CFO and CIO
Transactions
- Tax Payment
Common Stock
2023-02-28$298.95/sh−1,008$301,342→ 26,850 total - Award
Stock Option (Right to Buy)
2023-01-17+77,456→ 77,456 totalExercise: $221.68From: 2023-03-06Exp: 2030-03-06→ Common Stock (77,456 underlying)
Footnotes (2)
- [F1]Includes 18,044 restricted stock units.
- [F2]Reflects an award of performance-based stock options originally granted March 6, 2020, subject to a three year (2020-2022) performance period. As originally granted, this award was for 60,000 options (at target) with an exercise price of $228.94 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 January 17, 2023, following completion of the performance period, the Compensation Committee certified performance at 125% of target, as reflected here. Three-fifths of these options will vest on March 6, 2023, with the remaining vesting ratably over the next two years. These options were previously inadvertently omitted.
Documents
Issuer
Public Storage
CIK 0001393311
Entity typeother
Related Parties
1- filerCIK 0001734897
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 12:41 PM ET
- Size
- 7.7 KB