X0306 4 2020-02-28 0 0001393311 Public Storage PSA 0001227384 HAVNER RONALD L JR C/O PUBLIC STORAGE 701 WESTERN AVENUE GLENDALE CA 91201 1 0 0 0 Common Stock 2020-02-28 4 F 0 982 209.12 D 127068 D Common Stock 145683 I As Trustee Includes 100,000 restricted stock units and 528 deferred stock units. Also includes 10,000 vested restricted stock units granted February 19, 2015 with an original vesting date of April 1, 2016. Mr. Havner has postponed receipt of these vested restricted stock units in accordance with the following schedule: 10 equal installments over 10 years starting on April 1, 2021 to April 1, 2030. By Ronald L. Havner and LeeAnn R. Havner, Trustee of the Havner Family Trust Joanne Wu, Attorney-in-Fact 2020-03-03