Olsen Denise 4
4 · CyrusOne Inc. · Filed Jun 14, 2021
Insider Transaction Report
Form 4
CyrusOne Inc.CONE
Olsen Denise
Director
Transactions
- Award
LTIP Units
2021-06-10+2,037→ 2,037 total→ Common Stock (2,037 underlying)
Footnotes (2)
- [F1]Represents LTIP Units in the Company's operating partnership, CyrusOne LP, granted pursuant to the CyrusOne Restated 2012 Long Term Incentive Plan.
- [F2]Annual equity retainer grant. The LTIP Units vest on the earlier of the first anniversary of the grant date or the day before the next annual meeting of stockholders occurring after the grant date, subject to continued service as a director through such date. Each vested LTIP Unit will be convertible into an equal number of common units of CyrusOne LP (each, a "OP Unit"), subject to certain adjustments. A holder of OP Units may, in turn, present such OP Units to CyrusOne LP for redemption for cash or, at the election of CyrusOne Inc., for an equal number of shares of common stock of CyrusOne Inc., subject to certain adjustments. The rights to convert vested LTIP Units into OP Units and to present the OP Units for redemption have no expiration dates.