CubeSmart — Director's Dealing 2012

Jan 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CubeSmart (CUBE)
CIK: 0001298675
Period of Report: 2012-01-19

Reporting Person: AMSDELL TODD C (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-19	Common Shares	S	3800	$11.0091	Disposed	238884	Direct
2012-01-19	Common Shares	S	1800	$11.083	Disposed	237084	Direct
2012-01-20	Common Shares	S	19400	$11.00	Disposed	217684	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	7843700	Indirect

Footnotes

F1: Includes 3,921,850 shares owned by the Robert J. Amsdell Irrevocable Trust, of which Mr. Amsdell is the business advisor and a beneficiary, and 3,921,850 shares owned by the Loretta Amsdell Family Irrevocable Trust, of which Mr. Amsdell is the business advisor and a beneficiary. Mr. Amsdell disclaims beneficial ownership of the securities held by each of the trusts except to the extent of his pecuniary interest therein.