X0306 4 2020-02-22 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 2020-02-22 4 F 0 2246 225.77 D 117657 D Common Stock 156076 I As Trustee Includes 113,125 restricted stock units and 528 deferred stock units. Mr. Havner has postponed receipt of 10,000 shares of vested restricted stock units granted February 19, 2015 with an original vesting date of April 1, 2016, for receipt in 10 equal installments over 10 years starting on April 1, 2021 to April 1, 2030. By Ronald L. Havner, Jr. and LeeAnn R. Havner, Trustee of the Havner Family Trust. Joanne Wu, Attorney-in-Fact 2020-02-25