true 0001393311 0001393311 2021-01-18 2021-01-18 0001393311 us-gaap:CommonStockMember 2021-01-18 2021-01-18 0001393311 us-gaap:SeriesBPreferredStockMember 2021-01-18 2021-01-18 0001393311 us-gaap:SeriesCPreferredStockMember 2021-01-18 2021-01-18 0001393311 us-gaap:SeriesDPreferredStockMember 2021-01-18 2021-01-18 0001393311 us-gaap:SeriesEPreferredStockMember 2021-01-18 2021-01-18 0001393311 us-gaap:SeriesFPreferredStockMember 2021-01-18 2021-01-18 0001393311 us-gaap:SeriesGPreferredStockMember 2021-01-18 2021-01-18 0001393311 us-gaap:SeriesHPreferredStockMember 2021-01-18 2021-01-18 0001393311 psa:SeriesIPreferredStockMember 2021-01-18 2021-01-18 0001393311 psa:SeriesJPreferredStockMember 2021-01-18 2021-01-18 0001393311 psa:SeriesKPreferredStockMember 2021-01-18 2021-01-18 0001393311 psa:SeriesLPreferredStockMember 2021-01-18 2021-01-18 0001393311 psa:SeriesMPreferredStockMember 2021-01-18 2021-01-18 0001393311 psa:SeriesNPreferredStockMember 2021-01-18 2021-01-18 0001393311 psa:SeriesOPreferredStockMember 2021-01-18 2021-01-18 0001393311 psa:NotesDue2032Member 2021-01-18 2021-01-18 0001393311 psa:NotesDue2026Member 2021-01-18 2021-01-18

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K/A

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 18, 2021

 

 

PUBLIC STORAGE

(Exact name of registrant as specified in its charter)

 

 

 

Maryland   001-33519   95-3551121

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS. Employer

Identification No.)

 

701 Western Avenue,

Glendale, California

  91201-2349
(Address of principal executive offices)   (Zip Code)

(818) 244-8080

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Class

 

Trading

Symbol

 

Name of exchange

on which registered

Common Shares, $0.10 par value   PSA   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 5.400% Cum Pref Share, Series B, $0.01 par value   PSAPrB   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 5.125% Cum Pref Share, Series C, $0.01 par value   PSAPrC   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 4.950% Cum Pref Share, Series D, $0.01 par value   PSAPrD   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 4.900% Cum Pref Share, Series E, $0.01 par value   PSAPrE   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 5.150% Cum Pref Share, Series F, $0.01 par value   PSAPrF   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 5.050% Cum Pref Share, Series G, $0.01 par value   PSAPrG   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 5.600% Cum Pref Share, Series H, $0.01 par value   PSAPrH   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 4.875% Cum Pref Share, Series I, $0.01 par value   PSAPrI   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 4.700% Cum Pref Share, Series J, $0.01 par value   PSAPrJ   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 4.750% Cum Pref Share, Series K, $0.01 par value   PSAPrK   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 4.625% Cum Pref Share, Series L, $0.01 par value   PSAPrL   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 4.125% Cum Pref Share, Series M, $0.01 par value   PSAPrM   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 3.875% Cum Pref Share, Series N, $0.01 par value   PSAPrN   New York Stock Exchange
Depositary Shares Each Representing 1/1,000 of a 3.875% Cum Pref Share, Series O, $0.01 par value   PSAPrO   New York Stock Exchange
0.875% Senior Notes due 2032   PSA32   New York Stock Exchange
0.875% Senior Notes due 2026   PSA26   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 

Explanatory Note

This Amendment No. 1 on Form 8-K/A amends the Current Reports on Form 8-K filed on December 14, 2020 and January 5, 2020 (the “Original Filings”) by Public Storage (the “Company”). The Original Filings reported, among other items, the appointments of Shankh S. Mitra, David J. Neithercut, Paul Williams, Rebecca Owen, and Michelle Millstone-Shroff to the Company’s Board of Trustees (the “Board”). At the time of the Original Filings, the Board had not made any determinations regarding committee assignments for Messrs. Mitra, Neithercut, and Williams, and Mses. Owen and Shroff. The Company hereby amends the Original Filings to include information on committee assignments for Messrs. Neithercut and Williams, and Mses. Owen and Shroff in Item 5.02 below. Other than providing the additional information in Item 5.02 below, no other disclosure in the Original Filings is amended by this Form 8-K/A.

 

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 18, 2021, the Board approved the committee assignments for Messrs. Neithercut and Williams, and Mses. Owen and Shroff. In conjunction with these assignments, the Board also made certain other changes to the committee and Chair assignments, such that effective January 18, 2021, the committees of the Board comprise the following:

Audit Committee

Kristy M. Pipes (Chair)

Rebecca Owen

Avedick B. Poladian

Tariq M. Shaukat

Compensation Committee

Avedick B.. Poladian (Chair)

Michelle Millstone-Shroff

Ronald P. Spogli

Paul S. Williams

Nominating/Corporate Governance Committee

Ronald P. Spogli (Chair)

Leslie S. Heisz

David J. Neithercut

Kristy M. Pipes

Paul S. Williams

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    PUBLIC STORAGE
    By:  

/s/ Nathaniel A. Vitan

      Nathaniel A. Vitan
Date: January 19, 2021       Senior Vice President, Chief Legal Officer & Corporate Secretary
Public Storage (NYSE:PSA)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Public Storage Charts.
Public Storage (NYSE:PSA)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Public Storage Charts.