Herrington Matthew T 4
4 · Extra Space Storage Inc. · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Herrington Matthew T
EVP & COO
Transactions
- Award
Common Stock
2024-03-01$143.36/sh+1,830$262,349→ 7,763 total - Award
Common Stock
2024-03-01$143.36/sh+3,488$500,040→ 11,251 total - Tax Payment
Common Stock
2024-03-01$143.36/sh−156$22,364→ 11,095 total - Tax Payment
Common Stock
2024-03-01$143.36/sh−270$38,707→ 10,825 total - Sale
Common Stock
2024-03-04$142.68/sh−134$19,119→ 0 total(indirect: By 401(k))
Footnotes (4)
- [F1]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 Issuers common stock. The PSUs were originally granted on February 16, 2021 and were eligible to vest based on the Issuer achievement of certain performance objectives during the three-year performance period ending December 31, 2023. On February 21, 2024, 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 effective March 1, 2024.
- [F2]Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
- [F3]Represents shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of vested restricted stock awards. Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
- [F4]The information in this report is based on plan information as of March 5, 2024.