Exhibit 4.2
SEE REVERSE FOR LEGEND RELATING TO RESTRICTIONS
ON TRANSFER
6.875% Cumulative Preferred Stock, Series
I
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NUMBER
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SHARES
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PS BUSINESS PARKS,
INC.
Incorporated Under the Laws of
the State of California
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CUSIP 69360J 85 9
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This certifies that is
the record holder of
of
the 6.875% Cumulative Preferred Stock, Series I of
PS BUSINESS PARKS,
INC.
transferrable only on the books of the
Corporation by the holder hereof in person or by duly authorized
attorney upon surrender of this Certificate properly
endorsed.
Any Shareholder may obtain from the
office of the Corporation a statement of the rights, preferences,
privileges and restrictions granted to or imposed upon the
respective classes of shares and upon the holders thereof. By
acceptance of this Certificate, the holder hereof assents and
agrees to be bound by all of the provisions of the Articles of
Incorporation and Bylaws of the Corporation and all amendments
thereto.
See the reverse side of this
Certificate for further information and for a description of
provisions of the Articles of Incorporation governing the shares
represented by this Certificate relating to redemption and
restrictions on ownership and transfer.
Witness the “facsimile”
Corporate Seal of this Corporation and the facsimile signatures of
its duly authorized officers.
Dated:
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Countersigned and
Registered:
American Stock Transfer &
Trust
Company (New York)
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Transfer Agent
and Registrar
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By
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Authorized Officer
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FOR VALUE
RECEIVED
HEREBY SELL, ASSIGN AND TRANSFER UNTO
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SHARES
REPRESENTED BY THE WITHIN CERTIFICATE AND DO HEREBY IRREVOCABLY
CONSTITUTE AND
APPOINT
__________________________________________________________________________________________________
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ATTORNEY TO
TRANSFER THE SAID SHARES ON THE SHARE REGISTER OF THE WITHIN NAMED
CORPORATION
WITH FULL POWER OF SUBSTITUTION IN THE PREMISES.
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DATED
20
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NOTICE: THE SIGNATUR