CubeSmart — Director's Dealing 2018

May 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CubeSmart (CUBE)
CIK: 0001298675
Period of Report: 2018-05-04

Reporting Person: MARR CHRISTOPHER P (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-04	Common	M	175568.0000	$3.7900	Acquired	529378.0000	Direct
2018-05-04	Common	S	175568.0000	$29.8740	Disposed	353810.0000	Direct
2018-05-07	Common	M	29700.0000	$3.7900	Acquired	383510.0000	Direct
2018-05-07	Common	M	10000.0000	$3.7900	Acquired	393510.0000	Direct
2018-05-07	Common	S	10000.0000	$30.0000	Disposed	383510.0000	Direct
2018-05-07	Common	S	29700.0000	$29.9500	Disposed	353810.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-04	Stock Option (right to buy)	$3.7900	M	175568.0000	Disposed	2019-01-23	Common (175568.0000)	Direct
2018-05-07	Stock Option (right to buy)	$3.7900	M	10000.0000	Disposed	2019-01-23	Common (10000.0000)	Direct
2018-05-07	Stock Option (right to buy)	$3.7900	M	29700.0000	Disposed	2019-01-23	Common (29700.0000)	Direct

Footnotes

F1: The original stock option for 315,268 shares became exercisable in three equal installments on January 23, 2010, 2011 and 2012.