Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CONE | LTIP Units | Award | $0 | +4.75K | $0.00 | 4.75K | May 18, 2021 | Common Stock | 4.75K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Represents LTIP Units in the Company's operating partnership, CyrusOne LP, granted pursuant to the CyrusOne Restated 2012 Long Term Incentive Plan. |
F2 | The LTIP Units vest in three equal (subject to rounding) annual installments beginning February 18, 2022. Each vested LTIP Unit will be convertible into an equal number of common units of CyrusOne LP (each, a "OP Unit"), subject to certain adjustments. A holder of OP Units may, in turn, present such OP Units to CyrusOne LP for redemption for cash or, at the election of CyrusOne Inc., for an equal number of shares of common stock of CyrusOne Inc., subject to certain adjustments. The rights to convert vested LTIP Units into OP Units and to present the OP Units for redemption have no expiration dates. |