SEC Form 4 · accession 0001020569-18-000021
IRON MOUNTAIN INC · IRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond Fox
Officer — EVP and Chief Risk Officer
Period of report
Feb 16, 2018
Accepted (ET)
Feb 22, 2018 · 5:36 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 | 1,245 | $0.00 | A | 3,159 | D | |
| Common Stock, par value $.01 per share | Feb 20, 2018 | F | 440 | $32.12 | D | 2,719 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF3,F2,F4 | $0.00 | Feb 16, 2018 | A | 1,245 | A | — | — | Common Stock | 1,245 | 1,245 | D |
| Performance UnitsF2,F4 | $0.00 | Feb 20, 2018 | M | 1,245 | D | — | — | Common Stock | 1,245 | 0 | 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.
- F2Each PU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").
- F3The 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.
- F4The PUs were initially granted to the Reporting Person on July 21, 2015 and fully vested on February 20, 2018.