Timothy M. Martin - Jan 1, 2025 Form 4 Insider Report for CubeSmart (CUBE)

Role: CFO
Signature: Douglas J. Tyrell, Attorney-in-Fact
Stock symbol: CUBE
Transactions as of: Jan 1, 2025
Transactions value $: $311,605
Form type: 4
Date filed: 1/3/2025, 04:12 PM
Previous filing: Oct 16, 2024
Next filing: Jan 16, 2025
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	+15K	+4.88%	$0.00	322K	Jan 1, 2025	Direct	F1
transaction	CUBE	Common	Award	$312K	+7.27K	+2.26%	$42.85	329K	Jan 1, 2025	Direct	F2
holding	CUBE	Common						5.47K	Jan 1, 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	Jan 1, 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.