SEC Form 4 · accession 0001553023-15-000075
CyrusOne Inc. · CONE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert M Jackson
Officer — EVP and General Counsel
Period of report
Jul 31, 2015
Accepted (ET)
Aug 4, 2015 · 6:10 pm EDT
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 | Jul 31, 2015 | A | 1,952 | $0.00 | A | 1,952 | D | |
| Common StockF2 | Jul 31, 2015 | A | 11,711 | $0.00 | A | 13,663 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $30.74 | Jul 31, 2015 | A | 12,719 | A | — | Jul 31, 2025 | Common Stock | 12,719 | 12,719 | D |
Explanation of responses
- F1Represents 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 restriction in cumulative installments on July 31, 2016, July 31, 2017 and July 31, 2018. Shares that do not become free of the transfer and forfeiture restrictions pursuant to the terms of the award agreement will be forfeited to CyrusOne Inc.
- 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 5,856. 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 July 31, 2016 and July 31, 2017 and (ii) up to the maximum number of such shares that have not previously vested will become free of such restrictions on July 31, 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 stock options granted pursuant to the CyrusOne 2012 Long Term Incentive Plan. The stock options shall vest and become exercisable in approximately equal installments on each of July 31, 2016, July 31, 2017 and July 31, 2018.