Timothy M. Martin - Jan 16, 2024 Form 4 Insider Report for CubeSmart (CUBE)

Role
CFO
Signature
Douglas J. Tyrell, Attorney-in-Fact
Stock symbol
CUBE
Transactions as of
Jan 16, 2024
Transactions value $
$10,358
Form type
4
Date filed
1/17/2024, 04:19 PM
Previous filing
Jan 3, 2024
Next filing
Apr 15, 2024

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 Phantom Shares Award $10.4K +229 +1.13% $45.23 20.6K Jan 16, 2024 Common 229 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These phantom shares were acquired through reinvestment of dividend equivalents under the CubeSmart Trust Executive Deferred Compensation Plan, amended and restated January 1, 2007, and are payable in cash on a one-for-one basis after the reporting person ceases employment with the Company. The reporting person may elect to transfer these phantom shares at any time by reallocating his or her deemed investment option to another investment alternative, and such transfer will be effected on the first business day of the calendar quarter following the election.