SEC Form 4 · accession 0001104659-16-105544
IRON MOUNTAIN INC · IRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc A Duale
Officer — President, Iron Mountain Int'l
Period of report
Mar 15, 2016
Accepted (ET)
Mar 16, 2016 · 6:39 pm EDT
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 | Mar 15, 2016 | M | 9,401 | $0.00 | A | 59,784 | D | |
| Common Stock, par value $.01 per share | Mar 15, 2016 | F | 376 | $31.35 | D | 59,408 | D | |
| Common Stock, par value $.01 per shareF2 | Mar 15, 2016 | M | 4,483 | $0.00 | A | 63,891 | D | |
| Common Stock, par value $.01 per share | Mar 15, 2016 | F | 179 | $31.35 | D | 63,712 | 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,F4 | — | Mar 15, 2016 | M | 9,401 | D | — | — | Common Stock | 9,401 | 0 | D |
| Restricted Stock UnitsF5,F6 | — | Mar 15, 2016 | M | 4,483 | D | — | — | Common Stock | 4,483 | 0 | D |
Explanation of responses
- F1This acquisition is reported to reflect the full vesting of performance units ("PUs") previously granted to the Reporting Person on March 15, 2013.
- F2This acquisition is reported to reflect the partial vesting of restricted stock units ("RSUs") previously granted to the Reporting Person on March 15, 2013.
- F3Each PU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").
- F4The PUs fully vested on March 15, 2016. The number of PUs granted includes previously reported PUs allocated on November 4, 2014 in connection with the special distribution declared by the Board of Directors of Iron Mountain Incorporated on September 15, 2014 and paid on November 4, 2014 (the "Special Distribution").
- F5Each RSU represents a contingent right to receive one share of Common Stock.
- F6The RSUs, representing a contingent right to receive a total of 13,086 shares of Common Stock, were granted to the Reporting Person on March 15, 2013 and have vested in full in three substantially equal annual installments, the last of which was on March 15, 2016. The number of RSUs granted includes previously reported RSUs allocated on November 4, 2014 in connection with the Special Distribution.