UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
SHURGARD STORAGE CENTERS, INC.
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(Name of Issuer)
Class A Common Stock, $0.001 Par Value
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(Title of Class of Securities)
82567D104
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(CUSIP Number)
David Goldberg, 701 Western Avenue, Glendale, California 91201-2349
818/244-8080, ext. 529
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
May 11, 2000
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check
the following box [ ].
NOTE: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
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SCHEDULE 13D
CUSIP No. 82567D104
1 Name of Reporting Person
I.R.S. Identification No. of Above Person (Entities Only)
Public Storage, Inc.
95-3551121
2 Check the Appropriate Box if a Member of a Group*
a. [ ]
b. [ ]
3 SEC Use Only
4 Source of Funds*
5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
6 Citizenship or Place of Organization
California
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH
7 Sole Voting Power
1,443,875
8 Shared Voting Power
N/A
9 Sole Dispositive Power
1,443,875
10 Shared Dispositive Power
N/A
11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,443,875
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* [ ]
13 Percent of Class Represented by Amount in Row (11)
4.95%
14 Type of Reporting Person*
CO
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
The Statement on Schedule 13D dated February 22, 2000, as amended by
Amendment No. 1 dated May 1, 2000 (the "Schedule 13D") filed by Public Storage,
Inc. ("PSI"), relating to the Class A Common Stock, $0.001 par value (the
"Shares"), of Shurgard Storage Centers, Inc. (the "Issuer"), is amended by this
Amendment No. 2 as set forth below. Defined terms that are not defined herein
have the meanings assigned to those terms in the Schedule 13D.
Item 5. Interest in Securities of the Issuer
- --------------------------------------------
Item 5 of the Schedule 13D is supplemented as follows:
(a) As of May 11, 2000, PSI owned 1,516,475 Shares, which constituted
approximately 5.2% of the total number of Shares outstanding. As of May 15,
2000, PSI owned 1,443,875 Shares, which constitute approximately 4.95% of the
total number of Shares outstanding.
(b) PSI has the sole power to vote and the sole power to dispose of all
of the 1,443,875 Shares owned by it.
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(c) During the period commencing on May 2, 2000 (i.e., after the
transactions reported in the Schedule 13D) and ending on May 11, 2000 and
subsequent to that date through May 15, 2000, PSI sold the number of Shares in
the transactions, on the transaction dates and at the prices per Share (not
including commissions) set forth below:
No. of Price Type of
Transaction Date Shares Sold Per Share Transaction
- ---------------- ----------- --------- -----------
5-2-2000 13,100 $25 1/4 Open Market
5-2-2000 7,000 25 1/8 Open Market
5-2-2000 6,500 25 Open Market
5-2-2000 6,100 24 3/4 Open Market
5-2-2000 3,100 24 7/8 Open Market
5-2-2000 2,700 25 3/8 Open Market
5-2-2000 1,500 25 1/2 Open Market
5-2-2000 1,500 25 1/16 Open Market
5-2-2000 1,200 25 3/16 Open Market
5-2-2000 1,200 24 15/16 Open Market
5-2-2000 1,000 24 13/16 Open Market
5-2-2000 500 25 7/16 Open Market
5-2-2000 200 25 5/8 Open Market
5-3-2000 27,000 23 3/4 Open Market
5-3-2000 18,700 24 Open Market
5-3-2000 10,800 23 15/16 Open Market
5-3-2000 5,000 24 1/4 Open Market
5-3-2000 5,000 23 7/8 Open Market
5-3-2000 3,600 24 1/8 Open Market
5-3-2000 2,600 24 5/16 Open Market
5-3-2000 1,000 24 1/2 Open Market
5-3-2000 800 24 11/16 Open Market
5-3-2000 500 24 1/16 Open Market
5-4-2000 35,700 23 3/4 Open Market
5-4-2000 4,200 23 15/16 Open Market
5-4-2000 3,800 24 Open Market
5-4-2000 3,300 24 1/16 Open Market
5-4-2000 2,800 23 7/8 Open Market
5-4-2000 200 23 13/16 Open Market
5-5-2000 24,800 23 7/8 Open Market
5-5-2000 4,000 23 13/16 Open Market
5-5-2000 2,000 23 3/4 Open Market
5-8-2000 13,100 23 1/2 Open Market
5-8-2000 11,000 23 3/8 Open Market
5-8-2000 8,000 23 3/4 Open Market
5-8-2000 4,400 23 1/4 Open Market
5-8-2000 3,800 22 3/4 Open Market
5-8-2000 3,500 23 11/16 Open Market
5-8-2000 2,500 23 Open Market
5-8-2000 1,300 23 13/16 Open Market
5-8-2000 1,300 22 7/8 Open Market
5-8-2000 700 23 5/8 Open Market
5-8-2000 400 23 1/16 Open Market
5-10-2000 5,600 23 3/4 Open Market
5-10-2000 4,700 23 Open Market
5-10-2000 1,500 23 5/16 Open Market
5-10-2000 600 23 1/2 Open Market
5-10-2000 500 24 Open Market
5-10-2000 100 23 1/4 Open Market
5-11-2000 24,700 23 Open Market
5-11-2000 300 23 1/16 Open Market
5-12-2000 5,500 23 Open Market
5-12-2000 3,000 23 1/4 Open Market
5-12-2000 1,800 23 1/8 Open Market
5-12-2000 300 23 1/16 Open Market
5-15-2000 62,000 23 Open Market
(d) Except as disclosed herein, no other person is known to PSI to have
the right to receive or the power to direct receipt of distributions from, or
the proceeds for the sale of, the Shares beneficially owned by PSI.
(e) On May 15, 2000, PSI ceased to be the beneficial owner of more than
five percent of the Shares. Accordingly, PSI will no longer file amendments to
the Schedule 13D.
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SIGNATURES
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: May 15, 2000
PUBLIC STORAGE, INC.
By: /S/ DAVID GOLDBERG
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David Goldberg
Senior Vice President and
General Counsel
