CubeSmart — Director's Dealing 2014

Dec 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CubeSmart (CUBE)
CIK: 0001298675
Period of Report: 2014-12-01

Reporting Person: MARTIN TIMOTHY M (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-01	Common	M	171964.0000	$9.4300	Acquired	277143.0000	Direct
2014-12-01	Common	S	171964.0000	$21.5657	Disposed	105179.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-01	Stock Option (right to buy)	$9.4300	M	171964.0000	Disposed	2018-01-22	Common (171964.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	5469.0000	Indirect

Footnotes

F1: The original stock option for 171,964 shares became exercisable in three equal installments on January 23, 2009, 2010 and 2011.