SEC Form 3

FORM 3

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

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1. Name and Address of Reporting Person* AMSDELL BARRY L (Last) (First) (Middle) 20445 EMERALD PARKWAY DRIVE SW SUITE 220 (Street) CLEVELAND OH 44135 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 12/30/2008	3. Issuer Name and Ticker or Trading Symbol U-Store-It Trust [ YSI ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) Member of 13d group owning 10%	5. If Amendment, Date of 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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	3,560,741	I	Amsdell and Amsdell(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Limited partnership units of U-Store-It, L.P.	(2)	(3)	Common Shares	722,426.5	(4)	I	Amsdell and Amsdell, Amsdell Holdings I, Inc.(5)

Explanation of Responses:

1. 3,409,937 shares are owned by Amsdell and Amsdell, an Ohio partnership of which Mr. Amsdell is a general partner.

2. The limited partnership units owned by Mr. Amsdell individually were exercisable on 3/18/2006 and the limited partnership units owned by Amsdell and Amsdell and Amsdell Holdings I, Inc. were exercisable on 10/27/2005.

3. The limited partnership units have no expiration date.

4. On March 18, 2005, in connection with U-Store-It, L.P.'s (the Issuer's operating partnership) exercise, pursuant to an option agreement dated as of October 27, 2004, of its option to purchase certain facilities from Rising Tide Development, LLC, a company partially indirectly owned by Mr. Amsdell, U-Store-It, L.P. issued Class A units of limited partnership interest to Rising Tide Development. The average closing price of the Issuer's common shares for the 10 consecutive trading days immediately preceding the closing date of the purchase of the option facilities ($7.17) was used to determine the number of securities issued.

5. Includes (1) 187,249 limited partnership units owned by Amsdell and Amsdell and (2) 337,756 limited partnership units owned by Amsdell Holdings I, Inc., an Ohio corporation of which Mr. Amsdell is 50% shareholder, director and vice president.

	/s/ Barry L. Amsdell	01/09/2009
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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