CubeSmart — Director's Dealing 2018

Jan 24, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CubeSmart (CUBE)
CIK: 0001298675
Period of Report: 2018-01-23

Reporting Person: MARTIN TIMOTHY M (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-23	Common	A	8099.0000	$0.0000	Acquired	168653.0000	Direct
2018-01-23	Common	F	1098.0000	$27.7800	Disposed	167555.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-23	Stock Option (right to buy)	$27.7800	A	36174.0000	Acquired	2028-01-22	Common (36174.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	5469.0000	Indirect

Footnotes

F1: These common units represent restricted units issued under the Company's 2007 Equity Incentive Plan and are subject to risk of forfeiture. The common units vest ratably over a three-year period, one-third per year on January 23, 2019, January 23, 2020, and January 23, 2021, provided the reporting person remains employed by the Company.

F2: 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.