TIMOTHY M. MARTIN - 01 Jan 2025 Form 4 Insider Report for CubeSmart (CUBE)

Role
CFO
Signature
Douglas J. Tyrell, Attorney-in-Fact
Issuer symbol
CUBE
Transactions as of
01 Jan 2025
Transactions value $
$311,605
Form type
4
Filing time
03 Jan 2025, 16:12:52 UTC
Previous filing
16 Oct 2024
Next filing
16 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUBE Common Award $0 +15K +4.88% $0.00 322K 01 Jan 2025 Direct F1
transaction CUBE Common Award $312K +7.27K +2.26% $42.85 329K 01 Jan 2025 Direct F2
holding CUBE Common 5.47K 01 Jan 2025 By 401(k) Plan

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 +70.1K $0.00 70.1K 01 Jan 2025 Common 70.1K $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.