SEC Form 4 · accession 0001225208-18-011706
CubeSmart · CUBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher P Marr
Officer — CEO · Director
Period of report
Jul 16, 2018
Accepted (ET)
Jul 16, 2018 · 5:02 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 |
|---|---|---|---|---|---|---|---|---|
| Common | May 31, 2018 | G | 1,639 | $0.00 | D | 352,171 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF2 | — | Jul 16, 2018 | A | 40 | A | — | — | Common | 40 | 4,281 | D |
Explanation of responses
- F1This transaction involved an irrevocable gift of shares by the reporting person to a Schwab Charitable Donor Advised Account. The reporting person does not control the liquidation of the shares.
- F2These phantom shares were acquired through reinvestment of dividend equivalents under the CubeSmart Trust Executive Deferred Compensation Plan, amended and restated January 1, 2007, and are payable in cash on a one-for-one basis after the reporting person ceases employment with the Company. The reporting person may elect to transfer these phantom shares at any time by reallocating his or her deemed investment option to another investment alternative, and such transfer will be effected on the first business day of the calendar quarter following the election.