FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * HARKHAM URI P   2. Issuer Name and Ticker or Trading Symbol Public Storage [PSA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O PUBLIC STORAGE, 701 WESTERN AVENUE 3. Date of Earliest Transaction (Month/Day/Year) 06/30/2010 (Street) GLENDALE, CA 91201 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock (8) 06/30/2010(1)   P   414.781 (1) A (1) 4,229.781 I By Affiliated Partnership (2) Common Stock 03/31/2014(3)   P   265.126 (3) A (3) 23,805.13 I As Trustee (4) Common Stock 03/31/2014(5)   P   103.642 (5) (6) A (5) 6,374.642 I By IRA (7) (6)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
HARKHAM URI P C/O PUBLIC STORAGE 701 WESTERN AVENUE GLENDALE, CA 91201	X

Signatures

/s/ Lily Yan Hughes, Attorney-in-Fact		03/09/2017
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares were acquired in 13 dividend reinvestment transactions in a brokerage account, in amounts ranging from 28.191 shares to 34.488 shares, on dates ranging from 6/30/10 to 6/30/14, and purchase prices ranging from $93.063 per share to $171.28 per share.
(2)	By Harkham Investments L.P. an affiliated entity of Mr. Harkham.
(3)	Shares were acquired in 2 dividend reinvestment transactions in a brokerage account for 132.936 shares on 3/31/14 at a purchase price of $168.91 per share, and 132.19 shares on 6/30/14 at a purchase price of $171.28 per share.
(4)	By Uri P. Harkham, Trustee of Uri Harkham Trust.
(5)	Shares were acquired in 2 dividend reinvestment transactions in a brokerage account for 51.968 shares on 3/31/14 at a purchase price of $168.913 per share, and for 51.674 shares on 6/30/14 at a purchase price of $171.28 per share.
(6)	These shares were acquired through a profit sharing plan the reporting person participated in and were subsequently transferred to an IRA for the benefit of the reporting person.
(7)	By the custodian of an IRA for the benefit of Uri P. Harkham.
(8)	The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the dates on which shares were purchased, the number of shares purchased on each such date, and the price paid for each share purchased.

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