Denise Olsen - 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
Next filing: May 6, 2022

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		-2.04K	-100%		0	Mar 25, 2022	Common Stock	2.04K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id	Content
F1	Represents LTIP Units in the Company's operating partnership, CyrusOne L.P.
F2	Pursuant to the Agreement and Plan of Merger, dated as of November 14, 2021, by and among CyrusOne Inc., a Maryland corporation, 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 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 $90.50, the merger consideration, plus the amount of any declared distributions with respect to such LTIP Units that remain unpaid at the Effective Time.

Content

Represents LTIP Units in the Company's operating partnership, CyrusOne L.P.

Pursuant to the Agreement and Plan of Merger, dated as of November 14, 2021, by and among CyrusOne Inc., a Maryland corporation, 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 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 $90.50, the merger consideration, plus the amount of any declared distributions with respect to such LTIP Units that remain unpaid at the Effective Time.