Matthew D. DeNarie - 01 Jan 2024 Form 4 Insider Report for CubeSmart (CUBE)

Role: Chief Accounting Officer
Signature: Douglas J. Tyrell, Attorney-in-Fact
Issuer symbol: CUBE
Transactions as of: 01 Jan 2024
Net transactions value: +$107,903
Form type: 4
Filing time: 03 Jan 2024, 16:30:45 UTC
Previous filing: 17 Mar 2023
Next filing: 13 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CUBE	Common	Award	$107,903	+2,328	+17%	$46.35	15,971	01 Jan 2024	Direct	F1
transaction	CUBE	Common	Award	$0	+1,978	+12%	$0.000000	17,949	01 Jan 2024	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	CUBE	Stock Option (right to buy)	Award	$0	+9,857		$0.000000	9,857	01 Jan 2024	Common	9,857	$46.35	Direct	F3

* 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-based units granted on January 1, 2021 under the 2007 Equity Incentive Plan of the Company.
F2	These common units represent restricted units issued under the Company's 2007 Equity Incentive Plan and are subject to risk of forfeiture. The common units vest ratably over a three-year period, one-third per year on January 1, 2025, January 1, 2026, and January 1, 2027, provided the reporting person remains employed by the Company.
F3	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.