Jennifer Schulte - 01 Jan 2025 Form 4 Insider Report for CubeSmart (CUBE)

Signature
Douglas J. Tyrell, Attorney-in-Fact
Issuer symbol
CUBE
Transactions as of
01 Jan 2025
Net transactions value
-$8,099
Form type
4
Filing time
03 Jan 2025, 16:12:55 UTC
Previous filing
16 Oct 2024
Next filing
16 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBE Common Award $0 +2,464 +23% $0.000000 13,311 01 Jan 2025 Direct F1
transaction CUBE Common Award $62,347 +1,455 +11% $42.85 14,766 01 Jan 2025 Direct F2
transaction CUBE Common Award $0 +616 +4.2% $0.000000 15,382 01 Jan 2025 Direct F3
transaction CUBE Common Award $0 +615 +4% $0.000000 15,997 01 Jan 2025 Direct F4
transaction CUBE Common Tax liability $70,445 -1,644 -10% $42.85 14,353 01 Jan 2025 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 +17,285 $0.000000 17,285 01 Jan 2025 Common 17,285 $42.85 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 two-year period, one-half per year on January 1, 2026,and January 1, 2027, provided the reporting person remains employed by the Company.
F2 These common shares represent the vesting of performance-based shares granted on January 1, 2022 under the 2007 Equity Incentive Plan of the Company.
F3 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 January 1, 2028, provided the reporting person remains employed by the Company.
F4 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 on January 1, 2028, provided the reporting person remains employed by the Company.
F5 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.