8-KOther EventsExhibits & Filings

Extra Space Storage Inc. 8-K Report, Corporate Update (Sep 17, 2018)

Filed September 17, 2018For Securities:EXR

Summary

Extra Space Storage Inc. (EXR) filed an 8-K on September 17, 2018, primarily to include an opinion from Venable LLP as an exhibit to their Form S-3 Registration Statement. This registration statement relates to the potential resale of common stock by selling stockholders. These shares are issuable upon the redemption of operating partnership units in Extra Space Storage LP. This filing itself does not contain new financial performance data or material operational updates. Instead, it supports ongoing efforts to facilitate the sale of existing shares by certain stockholders. Investors should refer to the prospectus supplement dated September 14, 2018, and the underlying Form S-3 for details regarding the shares eligible for resale and the selling stockholders.

Key Highlights

  • 1The 8-K filing pertains to the resale of common stock by selling stockholders.
  • 2The common stock is issuable upon redemption of operating partnership units in Extra Space Storage LP.
  • 3An opinion from Venable LLP is being filed as an exhibit to a Form S-3 Registration Statement.
  • 4The Form S-3 Registration Statement (No. 333-211125) covers the resale of these shares.
  • 5This filing does not introduce new financial results or operational changes for Extra Space Storage Inc.
  • 6It serves as an administrative update to support the existing resale program outlined in prior filings.

Frequently Asked Questions

The primary purpose of this 8-K filing is to provide an opinion from Venable LLP as an exhibit to Extra Space Storage Inc.'s Form S-3 Registration Statement. This supports the company's existing plan for selling stockholders to resell shares of common stock.

No, this 8-K filing does not contain new financial results or disclose any changes to the company's current operations. It is an administrative filing related to a previous registration statement and resale program.

The filing refers to selling stockholders identified in a prospectus supplement dated September 14, 2018. These are individuals or entities who will be reselling shares of Extra Space Storage Inc. common stock that they hold, which were obtained through the redemption of operating partnership units.

More detailed information about the shares eligible for resale, the selling stockholders, and the terms of the offering can be found in the prospectus supplement dated September 14, 2018, and the underlying Form S-3 Registration Statement (No. 333-211125).