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

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* AMSDELL ROBERT J (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) Form filed by One Reporting Person X 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	500,804(1)	D
Common Shares	3,409,937(2)	D

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.	03/18/2006	(5)	Common Shares	197,421.5(1)	(6)	D
Limited partnership units of U-Store-It, L.P.	10/27/2005	(5)	Common Shares	187,249(2)	(6)	D
Limited partnership units of U-Store-It, L.P.	10/27/2005	(5)	Common Shares	337,756(3)	(6)	D
Limited partnership units of U-Store-It, L.P.	10/27/2005	(5)	Common Shares	604,510(4)	(6)	D

1. Name and Address of Reporting Person* AMSDELL ROBERT J (Last) (First) (Middle) 20445 EMERALD PARKWAY DRIVE SW SUITE 220 (Street) CLEVELAND OH 44135 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Member of 13d group owning 10%

1. Name and Address of Reporting Person* Amsdell Real Estate Trust dated 10/3/89 (Last) (First) (Middle) 20445 EMERALD PARKWAY DRIVE SW SUITE 220 (Street) CLEVELAND OH 44135 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Member of 13d group owning 10%

1. Name and Address of Reporting Person* Amsdell & Amsdell (Last) (First) (Middle) 20445 EMERALD PARKWAY SUITE 220 (Street) CLEVELAND OH 44135 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Member of 13d group owning 10%

1. Name and Address of Reporting Person* Amsdell Holdings I Inc. (Last) (First) (Middle) 20445 EMERALD PARKWAY DRIVE SUITE 220 (Street) CLEVELAND OH 44135 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) Member of 13d group owning 10%

Explanation of Responses:

1. Securities are owned by Mr. Amsdell individually.

2. Securities are owned by Amsdell and Amsdell, an Ohio general partnership of which Mr. Amsdell is a general partner.

3. Securities are owned by Amsdell Holdings I, Inc., an Ohio corporation of which Mr. Amsdell is 50% shareholder, director and president.

4. Securities are owned by the Amsdell Real Estate Trust dated October 3, 1989, an Ohio trust of which Mr. Amsdell is sole trustee.

5. The limited partnership units have no expiration date.

6. 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.

	/s/ Christopher J. Hubbert, Attorney-in-Fact for Robert J. Amsdell	01/09/2009
	/s/ Christopher J. Hubbert, Attorney-in-Fact for Amsdell Real Estate Trust dated 10/3/89	01/09/2009
	/s/ Christopher J. Hubbert, Attorney-in-Fact for Amsdell Holdings I, Inc.	01/09/2009
	/s/ Christopher J. Hubbert, Attorney-in-Fact for Amsdell and 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.