SEC Form 4 · accession 0001020569-18-000019
IRON MOUNTAIN INC · IRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deirdre Evens
Officer — EVP and Chief of Operations
Period of report
Feb 16, 2018
Accepted (ET)
Feb 22, 2018 · 5:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001020569
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1 | Feb 20, 2018 | M | 6,231 | $0.00 | A | 21,993 | D | |
| Common Stock, par value $.01 per share | Feb 20, 2018 | F | 1,812 | $32.12 | D | 20,181 | D | |
| Common Stock, par value $.01 per shareF2 | Feb 20, 2018 | M | 2,048 | $0.00 | A | 22,229 | D | |
| Common Stock, par value $.01 per share | Feb 20, 2018 | F | 603 | $32.12 | D | 21,626 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF4,F3,F5 | — | Feb 16, 2018 | A | 6,231 | A | — | — | Common Stock | 6,231 | 6,231 | D |
| Performance UnitsF3,F5 | — | Feb 20, 2018 | M | 6,231 | D | — | — | Common Stock | 6,231 | 0 | D |
| Restricted Stock UnitsF6,F7 | — | Feb 20, 2018 | M | 2,048 | D | — | — | Common Stock | 2,048 | 2,054 | D |
Explanation of responses
- F1This transaction is being reported to reflect the full vesting of performance units ("PUs") initially granted to the Reporting Person on July 21, 2015. Effective February 16, 2018, the Compensation Committee of Iron Mountain Incorporated's Board of Directors (the "Compensation Committee") determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs vested on February 20, 2018.
- F2This acquisition is reported to reflect the partial vesting of RSUs previously granted to the Reporting Person on February 18, 2016.
- F3Each PU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").
- F4The PUs were initially granted to the Reporting Person on July 21, 2015, and effective February 16, 2018 the Compensation Committee determined the actual award of PUs under the grant after completion of the relevant performance period.
- F5The PUs were initially granted to the Reporting Person on July 21, 2015 and fully vested on February 20, 2018.
- F6Each RSU represents a contingent right to receive one share of Common Stock.
- F7The RSUs, representing a contingent right to receive a total of 6,149 shares of Common Stock, were granted to the Reporting Person on February 18, 2016 and vest in three substantially equal annual installments beginning on the first anniversary of the grant date.