SEC Form 4 · accession 0001020569-18-000097
IRON MOUNTAIN INC · IRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clark H Bailey
Director
Period of report
Aug 29, 2018
Accepted (ET)
Aug 31, 2018 · 5:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001020569
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F1 | — | Aug 29, 2018 | A | 76 | A | — | — | Common Stock | 76 | 40,993 | D |
Explanation of responses
- F1Pursuant to the Reporting Person's election to participate in the Iron Mountain Incorporated Directors Deferred Compensation Plan, the shares of phantom stock (the "Phantom Shares") will become payable in shares of Iron Mountain Incorporated common stock ("Common Stock") following the Reporting Person's disability or cessation of service as a director. Each Phantom Share is the economic equivalent of one share of Common Stock.
- F2The Reporting Person was eligible to receive but, as a result of an error in connection with the administration of the Plan, did not receive the dividend previously paid on Common Stock on July 2, 2018 (the "Dividend"), with respect to those certain restricted stock units granted to the Reporting Person on June 18, 2018 (the "RSUs"). The administrator of the Plan completed this transaction to give retroactive effect to the Dividend solely with respect to the RSUs.