0001628280-24-009224.txt : 20240305 0001628280-24-009224.hdr.sgml : 20240305 20240305195855 ACCESSION NUMBER: 0001628280-24-009224 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240301 FILED AS OF DATE: 20240305 DATE AS OF CHANGE: 20240305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Margolis Joseph D CENTRAL INDEX KEY: 0001330121 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32269 FILM NUMBER: 24723758 MAIL ADDRESS: STREET 1: C/O ARSENAL REAL ESTATE FUNDS STREET 2: 117 ON THE GREEN, 67 PARK PLACE EAST CITY: MORRISTOWN STATE: NJ ZIP: 07960 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Extra Space Storage Inc. CENTRAL INDEX KEY: 0001289490 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 201076777 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2795 COTTONWOOD PARKWAY, SUITE 400 CITY: SALT LAKE CITY STATE: UT ZIP: 84121 BUSINESS PHONE: 801-562-5556 MAIL ADDRESS: STREET 1: 2795 COTTONWOOD PARKWAY, SUITE 400 CITY: SALT LAKE CITY STATE: UT ZIP: 84121 4 1 wk-form4_1709686723.xml FORM 4 X0508 4 2024-03-01 0 0001289490 Extra Space Storage Inc. EXR 0001330121 Margolis Joseph D 2795 EAST COTTONWOOD PARKWAY SUITE 300 SALT LAKE CITY UT 84121 1 1 0 0 Chief Executive Officer 0 Common Stock 2024-03-01 4 A 0 24242 143.36 A 48872 D Common Stock 2024-03-01 4 A 0 15346 143.36 A 64218 D Common Stock 2024-03-01 4 F 0 1076 143.36 D 63142 D Common Stock 2024-03-01 4 F 0 1277 143.36 D 61865 D Common Stock 34760 I J Margolis & K Margolis TTEE Common Stock 97260 I Cove Hollow Lane I, LLC Common Stock 39190 I Cove Hollow Lane II, LLC 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. Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date. 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. Shares held in J Margolis & K Margolis TTEE Joseph Daniel Margolis Revocab U/A DTD 05/24/2013. The reporting person controls the investment decisions with respect to shares of common stock held by Cove Hollow Lane I, LLC. The reporting person disclaims beneficial ownership in the common stock held by Cove Hollow Lane I, LLC, except to the extent of his pecuniary interest therein. The reporting person disclaims beneficial ownership in the common stock held by Cove Hollow Lane II, LLC, except to the extent of his pecuniary interest therein. /s/ Grace Kunde, Attorney-in-Fact 2024-03-05