Christopher P. Marr - Aug 7, 2024 Form 4 Insider Report for CubeSmart (CUBE)

Role
CEO, Director
Signature
Douglas J. Tyrell, Attorney-in-Fact
Stock symbol
CUBE
Transactions as of
Aug 7, 2024
Transactions value $
-$867,650
Form type
4
Date filed
8/9/2024, 04:41 PM
Previous filing
Jul 17, 2024
Next filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBE Common Options Exercise $925K +37K +6.41% $25.00 614K Aug 7, 2024 Direct F1
transaction CUBE Common Sale -$1.79M -37K -6.03% $48.45 577K Aug 7, 2024 Direct F1
holding CUBE Common 211K Aug 7, 2024 By Spousal Trust
holding CUBE Common 2.7K Aug 7, 2024 By Spousal Trust #2
holding CUBE Common 30.4K Aug 7, 2024 Held in Trust

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) Options Exercise $0 -37K -49.4% $0.00 37.9K Aug 7, 2024 Common 37K $25.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects direct ownership of 50,471 common shares, which were previously reported as indirectly owned by Trust, as the result of a distribution of such shares from the Trust to the reporting person
F2 The original stock option for 74,906 shares became exercisable in three equal installments on January 23, 2016, 2017 and 2018.