SEC Form 4 · accession 0001104659-16-118812
IRON MOUNTAIN INC · IRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anastasios Tsolakis
Officer — EVP,CIO,Global Svcs. Officer
Period of report
May 5, 2016
Accepted (ET)
May 6, 2016 · 5:15 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 | May 5, 2016 | M | 5,993 | $16.685 | A | 69,704 | D | |
| Common Stock, par value $.01 per shareF1 | May 5, 2016 | F | 2,695 | $37.09 | D | 67,009 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $16.685 | May 5, 2016 | M | 5,993 | D | — | Sep 15, 2020 | Common Stock | 5,993 | 27,248 | D |
Explanation of responses
- F1This transaction is reported to reflect the exercise of a stock option for a total of 33,241 shares of Iron Mountain common stock ("Common Stock") by means of a stock swap whereby the Reporting Person disposed of 2,695 shares of Common Stock to the Issuer as consideration for the Reporting Person's exercise of stock options to purchase 5,993 shares of Common Stock. The stock swap was completed pursuant to the terms of the Iron Mountain Incorporated 2002 Stock Incentive Plan Stock Option Agreement between the Issuer and the Reporting Person.
- F2This stock option, representing a right to purchase a total of 33,241 shares, is fully vested. The number of stock options granted includes previously reported adjustments effective on September 26, 2014 made in connection with the special distribution declared by the Board of Directors of the Issuer on September 15, 2014 and paid on November 4, 2014.