SEC Form 4 · accession 0001225208-16-024777
CubeSmart · CUBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher P Marr
Officer — CEO · Director
Period of report
Jan 22, 2016
Accepted (ET)
Jan 26, 2016 · 5:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001298675
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Jan 22, 2016 | A | 21,988 | $0.00 | A | 293,484 | D | |
| Common | Jan 23, 2016 | F | 1,974 | $30.32 | D | 291,510 | D | |
| Common | Jan 24, 2016 | F | 1,689 | $30.32 | D | 289,821 | D | |
| Common | Jan 25, 2016 | F | 1,547 | $30.21 | D | 288,274 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $30.32 | Jan 22, 2016 | A | 87,604 | A | — | Jan 21, 2026 | Common | 87,604 | 87,604 | D |
Explanation of responses
- F1These 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 three-year period, one-third per year on February 22, 2017, January 22, 2018, and January 22, 2019, provided the reporting person remains employed by the Company.
- F2The 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.