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CubeSmart Director's Dealing 2014

Jan 28, 2014

30648_dirs_2014-01-28_239af272-533d-4105-8a1e-199b978e4d14.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CubeSmart (CUBE)
CIK: 0001298675
Period of Report: 2014-01-24

Reporting Person: MARR CHRISTOPHER P (Director, CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-01-24 Common A 31908.0000 $0.0000 Acquired 220650.0000 Direct
2014-01-24 Common A 15954.0000 $0.0000 Acquired 236604.0000 Direct
2014-01-24 Common F 3171.0000 $15.6700 Disposed 233433.0000 Direct
2014-01-25 Common F 3536.0000 $15.6700 Disposed 229897.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-01-24 Stock Option (right to buy) $15.6700 A 58005.0000 Acquired 2024-01-24 Common (58005.0000) Direct

Footnotes

F1: These common shares represent restricted shares under the Company's 2007 Equity Incentive Plan and are subject to earlier vesting upon death, disability, termination without cause or resignation for good reason. The common shares vest ratably over a three-year period on January 1, 2015, 2016, and 2017.

F2: These common shares represent restricted shares issued under the Company's 2007 Equity Incentive Plan and are subject to risk of forfeiture. The common shares 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.

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.