Robert M. Jackson - 25 Mar 2022 Form 4 Insider Report for CyrusOne Inc.

Reporting relationship: EVP & General Counsel
Issuer ticker: N/A
Reported as of: 25 Mar 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 25 Mar 2022, 16:27:30 UTC
Prior SEC filing: 22 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Robert M. Jackson

Key filing fact

Robert M. Jackson filed Form 4 for CyrusOne Inc. on 25 Mar 2022.

Key facts

This page summarizes Robert M. Jackson's Form 4 filing for CyrusOne Inc..
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 25 Mar 2022, 16:27.

Change

Previous filing in this sequence was filed on 22 Feb 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CONE transaction

Common Stock

Gift

Transaction value: $0
Shares: -1,236
Change %: -2%
Price: $0.000000
Shares after: 60,377
Date: 07 Mar 2022
Ownership: Direct
Footnotes: F1

CONE transaction

Common Stock

Award

Transaction value: $0
Shares: +21,708
Change %: +36%
Price: $0.000000
Shares after: 82,085
Date: 25 Mar 2022
Ownership: Direct
Footnotes: F2

CONE transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -82,085
Change %: -100%
Price
Shares after: 0
Date: 25 Mar 2022
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CONE transaction Derivative

LTIP Units

Award

Transaction value
Shares: +27,186
Change %: +700%
Price
Shares after: 31,070
Date: 25 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 27,186
Exercise price
Footnotes: F4

CONE transaction Derivative

LTIP Units

Disposed to Issuer

Transaction value
Shares: -31,070
Change %: -100%
Price
Shares after: 0
Date: 25 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,070
Exercise price
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Robert M. Jackson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

Charitable gift.

Footnote F2

Represents vesting of performance share units granted in 2020 at the maximum level in accordance with the terms of the Agreement and Plan of Merger, dated as of November 14, 2021 (the "Merger Agreement"), by and among CyrusOne Inc., a Maryland corporation (the "Company"), Cavalry Parent L.P., a Delaware limited partnership ("Parent"), and Cavalry Merger Sub LLC, a Delaware limited liability company and a wholly-owned subsidiary of Parent.

Footnote F3

Pursuant to them Merger Agreement, at the effective time of the merger (the "Effective Time"), (i) each share of Common Stock converted into the right to receive a lump-sum cash payment, without interest, equal to $90.50 (the "Merger Consideration") and (ii) each outstanding restricted stock unit was canceled and converted into the right to receive a lump-sum cash payment, without interest, equal to the Merger Consideration, plus the amount of any accrued dividend equivalents on such stock unit that remained unpaid at the Effective Time, which will be subject to the same vesting terms and conditions as the underlying stock unit.

Footnote F4

Represents vesting of LTIP Units in the Company's operating partnership, CyrusOne L.P., at the maximum level in accordance with the terms of the Merger Agreement.

Footnote F5

Pursuant to the Merger Agreement, at the Effective Time, each outstanding LTIP Unit was canceled and converted into the right to receive a lump-sum cash payment, without interest, equal to the product of the number of shares of Common Stock into which such LTIP Unit was convertible and the Merger Consideration, plus the amount of any declared distributions with respect to such LTIP Units that remain unpaid at the Effective Time.