SEC Form 4 · accession 0001553023-15-000030
CyrusOne Inc. · CONE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia Marie Mcbratney
Officer — Vice President and Controller
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 6:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001553023
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 10, 2015 | F | 198 | $28.42 | D | 18,137 | D | |
| Common StockF2 | Feb 10, 2015 | A | 3,958 | $28.42 | A | 22,095 | D | |
| Common StockF3 | Feb 10, 2015 | A | 660 | $28.42 | A | 22,755 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Surrender of common shares to cover tax liabilities upon vesting of shares under the CyrusOne 2012 Long Term Incentive Plan.
- F2Represents shares of performance-based restricted stock granted pursuant to the CyrusOne 2012 Long Term Incentive Plan. The amount reported represents the maximum number of shares that can vest under the award. The target number of shares that can vest under the award is 14,844. The shares under the award shall initially be subject to transfer and forfeiture restrictions and, subject in each case to the applicable performance criteria set forth in the award agreement, (i) up to 66% of the target number of such shares will become free of such restrictions in cumulative installments on February 28, 2016 and February 28, 2017 and (ii) up to the maximum number of such shares that have not previously vested will become free of such restrictions on February 28, 2018. Shares that do not become free of the transfer and forfeiture restrictions pursuant to the terms of the award agreement will be forfeited back to CyrusOne Inc.
- F3Represents shares of time-based restricted stock granted pursuant to the CyrusOne 2012 Long Term Incentive Plan. The shares under the award shall initially be subject to transfer and forfeiture restrictions set forth in the award agreement, and the number of such shares will become free of such restrictions in cumulative installments on February 10, 2016 and February 10, 2017 and February 10, 2018. Shares that do not become free of the transfer and forfeiture restrictions pursuant to the terms of the award agreement will be forfeited back to CyrusOne Inc.