Joel D. Keaton - 01 Jan 2022 Form 4 Insider Report for CubeSmart (CUBE)

Role
COO
Signature
Douglas J. Tyrell, Attorney-in-Fact
Issuer symbol
CUBE
Transactions as of
01 Jan 2022
Net transactions value
+$379,590
Form type
4
Filing time
04 Jan 2022, 15:43:57 UTC
Previous filing
12 May 2021
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBE Common Award $260,819 +4,583 +9.5% $56.91 52,823 01 Jan 2022 Direct F1
transaction CUBE Common Award $260,762 +4,582 +8.7% $56.91 57,405 01 Jan 2022 Direct F2
transaction CUBE Common Award $0 +4,217 +7.3% $0.000000 61,622 01 Jan 2022 Direct F3
transaction CUBE Common Tax liability $24,585 -432 -0.7% $56.91 61,190 01 Jan 2022 Direct
transaction CUBE Common Tax liability $117,405 -2,063 -3.4% $56.91 59,127 01 Jan 2022 Direct

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 CUBE Stock Option (right to buy) Award $0 +27,180 $0.000000 27,180 01 Jan 2022 Common 27,180 $56.91 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These common shares represent the vesting of performance shares granted on January 1, 2019 under the Company's 2007 Equity Incentive Plan.
F2 These common shares represent the vesting of performance-based units granted on January 1, 2019 under the 2007 Equity Incentive Plan of the Company.
F3 These common shares represent restricted shares issued under the Company's 2007 Equity Incentive Plan and are subject to risk of forfeiture. The common shares vest ratably over a three-year period, one-third per year on each of the first three anniversaries of the grant date, provided the reporting person remains employed by the Company.
F4 The stock options vest ratably over a three-year period, one-third per year on each of the first three anniversaries of the grant date, provided the reporting person remains employed by the Company.