Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT RULE 13d-2(a)
(Amendment No. 4)*
CubeSmart
(Name of Issuer)
Common Shares of Beneficial Interest
(Title of Class of Securities)
229663109
(CUSIP Number)
Marc C. Krantz, Kohrman Jackson & Krantz P.L.L., 1375 E. 9th Street, 20th Floor, Cleveland, OH 44114, (216) 696-8700
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 6, 2012
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ¨.
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7(b) for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 229663109 | Page 2 of 8 |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Robert J. Amsdell | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (see instructions)
| |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT to items 2(d) or 2(e)
¨ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
1,147,556.5 | ||||
8 | SHARED VOTING POWER
532,683 | |||||
9 | SOLE DISPOSITIVE POWER
1,147,556.5 | |||||
10 | SHARED DISPOSITIVE POWER
532,683 | |||||
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,680,239.5* | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (see instructions)
¨ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.2% | |||||
14 | TYPE OF REPORTING PERSON (see instructions)
IN |
* | Includes 1,326,936.5 Partnership units of CubeSmart, L.P., the operating partnership of CubeSmart, which are redeemable for common shares of CubeSmart on a one-for-one basis. |
CUSIP No. 229663109 | Page 3 of 8 |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Barry L. Amsdell | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (see instructions)
| |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
¨ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
293,046.5 | ||||
8 | SHARED VOTING POWER
532,683 | |||||
9 | SOLE DISPOSITIVE POWER
293,046.5 | |||||
10 | SHARED DISPOSITIVE POWER
532,683 | |||||
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
825,729.5* | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (see instructions)
¨ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.6% | |||||
14 | TYPE OF REPORTING PERSON (see instructions)
IN |
* | Includes 722,426.5 Partnership units of CubeSmart, L.P., the operating partnership of CubeSmart, which are redeemable for common shares of CubeSmart on a one-for-one basis. |
CUSIP No. 229663109 | Page 4 of 8 |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Amsdell and Amsdell | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (see instructions)
| |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
¨ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
194,927* | ||||
8 | SHARED VOTING POWER
| |||||
9 | SOLE DISPOSITIVE POWER
194,927* | |||||
10 | SHARED DISPOSITIVE POWER
| |||||
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
194,927* | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (see instructions)
¨ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1% | |||||
14 | TYPE OF REPORTING PERSON (see instructions)
PN |
* | Includes 187,249 partnership units of CubeSmart, L.P., the operating partnership of CubeSmart, which are redeemable for common shares of CubeSmart on a one-for-one basis. |
CUSIP No. 229663109 | Page 5 of 8 |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Amsdell Holdings I, Inc. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (see instructions)
| |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
¨ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
337,756* | ||||
8 | SHARED VOTING POWER
| |||||
9 | SOLE DISPOSITIVE POWER
337,756* | |||||
10 | SHARED DISPOSITIVE POWER
| |||||
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
337,756* | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (see instructions)
¨ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.3% | |||||
14 | TYPE OF REPORTING PERSON (see instructions)
CO |
* | Consists only of partnership units of CubeSmart, L.P., the operating partnership of CubeSmart, which are redeemable for common shares of CubeSmart on a one-for-one basis. |
CUSIP No. 229663109 | Page 6 of 8 |
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Amsdell Real Estate Trust dtd. October 3, 1989 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
(a) ¨ (b) x | |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS (see instructions)
| |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
¨ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
604,510* | ||||
8 | SHARED VOTING POWER
| |||||
9 | SOLE DISPOSITIVE POWER
604,510* | |||||
10 | SHARED DISPOSITIVE POWER
| |||||
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
604,510* | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES (see instructions)
¨ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.5% | |||||
14 | TYPE OF REPORTING PERSON (see instructions)
OO |
* | Consists only of partnership units of CubeSmart, L.P., the operating partnership of CubeSmart, which are redeemable for common shares of CubeSmart on a one-for-one basis. |
CUSIP No. 229663109 |
Page 7 of 8 |
Introduction.
Pursuant to Rule 13d-1(k), this Amendment No. 4 to Schedule 13D is filed by Robert J. Amsdell, Barry L. Amsdell, Amsdell and Amsdell, an Ohio general partnership, Amsdell Holdings I, Inc., an Ohio corporation, and the Amsdell Real Estate Trust dated October 3, 1989, an Ohio trust (collectively, the Reporting Persons, we, our or us), relating to common shares of beneficial interest, par value $0.01 per share (the Shares), of CubeSmart, a Maryland real estate investment trust (the Company).
Item 5. | Interest in Securities of the Issuer. |
Item 5(a) and 5(c) are amended and supplemented as follows:
(a) According to the most recently available filings with the SEC by the Company, there are 135,120,940 Shares outstanding. The beneficial ownership percentages set forth in this Schedule 13D amendment are based on 135,120,940 Shares outstanding. The Reporting Persons may be considered members of a group under Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, with Todd Amsdell and two trusts of which Todd Amsdell is the business advisor and a beneficiary. As members of a group, the Reporting Persons disclaim membership in a group with, and beneficial ownership of Shares held by, Todd Amsdell and the trusts.
Robert Amsdell beneficially owns 353,303 Shares and 1,326,936.5 partnership units (the Units) of CubeSmart, L.P., the Companys operating partnership (CLP), which are redeemable for shares of the Company on a one-for-one basis, including 7,678 Shares and 187,249 Units owned by Amsdell and Amsdell, 337,756 Units owned by Amsdell Holdings and 604,510 Units owned by the Amsdell Trust, or 1.2% of the outstanding Shares (assuming conversion of the Units beneficially owned by Robert Amsdell). Barry Amsdell beneficially owns 103,303 Shares and 722,426.5 Units of CLP, including 7,678 Shares and 187,249 Units owned by Amsdell and Amsdell and 337,756 Units owned by Amsdell Holdings, or 0.6% of the outstanding Shares (assuming conversion of the Units beneficially owned by Barry Amsdell). Amsdell and Amsdell beneficially owns 7,678 Shares and 187,249 Units of CLP, or 0.1% of the outstanding Shares (assuming conversion of the Units beneficially owned by Amsdell and Amsdell). As 50% general partners of Amsdell and Amsdell, each of Barry Amsdell and Robert Amsdell may be deemed to beneficially own all Shares held by Amsdell and Amsdell. Amsdell Holdings owns 337,756 Units of CLP, or 0.3% of the outstanding Shares (assuming conversion of the Units beneficially owned by Amsdell Holdings). As 50% shareholders of Amsdell Holdings, each of Robert Amsdell and Barry Amsdell may be deemed to beneficially own all Shares owned by Amsdell Holdings. The Amsdell Trust owns 604,510 Units of CLP, or 0.5% of the outstanding Shares (assuming conversion of the Units beneficially owned by the Amsdell Trust). As sole trustee of the Trust, Robert Amsdell may be deemed to beneficially own all of the Shares owned by the Amsdell Trust. The Reporting Persons disclaim that they are members of a group.
(c) In the past 60 days, none of the Reporting Persons have effectuated any transactions in the Companys stock.
Item 7. | Material to be Filed as Exhibits. |
7.1 | Joint Filing Agreement |
Page 8 of 8 |
SIGNATURE
After reasonable inquiry and to the best o f my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: October 25, 2013
/s/ Robert J. Amsdell |
Robert J. Amsdell, Individually |
/s/ Barry L. Amsdell |
Barry L. Amsdell, Individually |
Amsdell and Amsdell |
/s/ Robert J. Amsdell |
By: Robert J. Amsdell, a General Partner |
Amsdell Holdings I, Inc. |
/s/ Robert J. Amsdell |
By: Robert J. Amsdell, President |
Amsdell Real Estate Trust dtd. October 3, 1989 |
/s/ Robert J. Amsdell |
By: Robert J. Amsdell, Sole Trustee |
EXHIBIT INDEX
Exhibit Number |
Description | |
7.1 | Joint Filing Agreement |