Jeffrey P. Foster - Jan 1, 2025 Form 4 Insider Report for CubeSmart (CUBE)

Role
CLO & Secretary
Signature
Douglas J. Tyrell, Attorney-in-Fact
Stock symbol
CUBE
Transactions as of
Jan 1, 2025
Transactions value $
$142,862
Form type
4
Date filed
1/3/2025, 04:12 PM
Previous filing
Aug 7, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBE Common Award $0 +7.2K +3.94% $0.00 190K Jan 1, 2025 Direct F1
transaction CUBE Common Award $143K +3.33K +1.76% $42.85 193K Jan 1, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CUBE Stock Option (right to buy) Award $0 +33.7K $0.00 33.7K Jan 1, 2025 Common 33.7K $42.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These 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, 2026, January 1, 2027, and January 1, 2028, provided the reporting person remains employed by the Company.
F2 These common shares represent the vesting of performance-based units granted on January 1, 2022 under the 2007 Equity Incentive Plan of the Company.
F3 The 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.