SEC Form 4 · accession 0001225208-17-010802
CubeSmart · CUBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William M Diefenderfer III
Director
Period of report
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 4:31 pm EDT
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 | May 31, 2017 | A | 3,132 | $0.00 | A | 131,784 | D | |
| Common | holding | — | — | — | 25,039 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF2 | — | May 31, 2017 | A | 4,007 | A | — | — | Common | 4,007 | 17,048 | D |
Explanation of responses
- F1The common units issued under the Company's 2007 Equity Incentive Plan and are subject to forfeiture. The common units vest on May 31, 2018.
- F2These phantom shares were acquired under the CubeSmart Trustees Deferred Compensation Plan, and are payable in cash on a one-for-one basis after the reporting person ceases service with the Company. The reporting person may elect to transfer these phantom shares at any time by reallocating the deemed phantom share investment option to another investment alternative, and such transfer will be effective on the first business day of the calendar quarter following the election.