SEC Form 4 · accession 0001225208-19-000468
CubeSmart · CUBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy M Martin
Officer — CFO
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 5:17 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 1, 2019 | A | 9,295 | $0.00 | A | 176,850 | D | |
| CommonF2 | Jan 1, 2019 | A | 5,386 | $28.69 | A | 182,236 | D | |
| Common | holding | — | — | — | 5,469 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $28.69 | Jan 1, 2019 | A | 41,995 | A | — | Dec 31, 2028 | Common | 41,995 | 41,995 | 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 January 1, 2020, January 1, 2021, and January 1, 2022, provided the reporting person remains employed by the Company.
- F2These common shares represent the vesting of performance-based units granted on January 22, 2016 under the 2007 Equity Incentive Plan of the Company.
- F3The 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.