Form 4 for CUBE CubeSmart
Accepted 2024-01-03 00:00:00 ET · period of report 2024-01-01 · accession 0001225208-24-000227 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-01-03 | 2024-01-01 | CUBE | MARTIN TIMOTHY M | CFO | A - Grant | $26.36 | +28.4K | 307.0K | +10% | +$747.4K |
| D | 2024-01-03 | 2024-01-01 | CUBE | MARTIN TIMOTHY M | CFO | A - Grant | $0.00 | +60.9K | 60.9K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common | 2024-01-01 | A | A | 16,125 | $46.35 | 294,756 | D | — | — | (F1) These common shares represent the vesting of performance-based units granted on January 1, 2021 under the 2007 Equity Incentive Plan of the Company. |
| 2 | Common | Common | 2024-01-01 | A | A | 12,226 | $0.00 | 306,982 | D | — | — | (F2) 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, 2025, January 1, 2026, and January 1, 2027, provided the reporting person remains employed by the Company. |
| 3 | Derivative | Stock Option (right to buy) | 2024-01-01 | A | A | 60,932 | $0.00 | 60,932 | D | $46.35 · — to 2033-12-31 | 60,932 Common | (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. |