CubeSmart — Director's Dealing 2014

Dec 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CubeSmart (CUBE)
CIK: 0001298675
Period of Report: 2014-12-03

Reporting Person: MARR CHRISTOPHER P (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-03	Common	M	298071.0000	$9.4300	Acquired	527968.0000	Direct
2014-12-03	Common	M	100794.0000	$17.0400	Acquired	628762.0000	Direct
2014-12-03	Common	S	100794.0000	$21.5064	Disposed	527968.0000	Direct
2014-12-03	Common	S	298071.0000	$21.5991	Disposed	229897.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-03	Stock Option (right to buy)	$9.4300	M	298071.0000	Disposed	2018-01-22	Common (298071.0000)	Direct
2014-12-03	Stock Option (right to buy)	$17.0400	M	100794.0000	Disposed	2016-06-04	Common (100794.0000)	Direct

Footnotes

F1: The original stock option for 298,071 shares became exercisable in three equal installments on Jannuary 23, 2009, 2010 and 2011.

F2: The original stock option for 150,000 shares became exercisable in five equal installments on June 5, 2007, 2008, 2009, 2010, and 2011