Tod Nielsen - Mar 25, 2022 Form 4 Insider Report for CyrusOne Inc. (CONE)

Role
Director
Signature
/s/ Robert M. Jackson, Attorney-in-fact
Stock symbol
CONE
Transactions as of
Mar 25, 2022
Transactions value $
$0
Form type
4
Date filed
3/25/2022, 04:30 PM
Previous filing
Jun 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CONE Common Stock Gift $0 -5.6K -23.35% $0.00 18.4K Feb 22, 2022 Direct F1
transaction CONE Common Stock Disposed to Issuer -18.4K -100% 0 Mar 25, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CONE LTIP Units Disposed to Issuer -3.67K -100% 0 Mar 25, 2022 Common Stock 3.67K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Tod Nielsen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Charitable gift.
F2 Pursuant to the Agreement and Plan of Merger, dated as of November 14, 2021 (the "Merger Agreement"), by and among CyrusOne Inc., a Maryland corporation (the "Company"), Cavalry Parent L.P., a Delaware limited partnership ("Parent"), and Cavalry Merger Sub LLC, a Delaware limited liability company and a wholly-owned subsidiary of Parent, at the effective time of the merger (the "Effective Time"), each share of Common Stock converted into the right to receive a lump-sum cash payment, without interest, equal to $90.50 (the "Merger Consideration").
F3 Represents LTIP Units in the Company's operating partnership, CyrusOne L.P.
F4 Pursuant to the Merger Agreement, at the Effective Time, each outstanding LTIP Unit was canceled and converted into the right to receive a lump-sum cash payment, without interest, equal to the product of the number of shares of Common Stock into which such LTIP Unit was convertible and the Merger Consideration, plus the amount of any declared distributions with respect to such LTIP Units that remain unpaid at the Effective Time.