SEC Form 4 · accession 0001104659-17-001952
IRON MOUNTAIN INC · IRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Meaney
Officer — President & CEO · Director
Period of report
Jan 9, 2017
Accepted (ET)
Jan 11, 2017 · 4:14 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 | Jan 9, 2017 | M | 17,039 | $0.00 | A | 54,026 | D | |
| Common Stock, par value $.01 per share | Jan 9, 2017 | F | 5,711 | $33.32 | D | 48,315 | D | |
| Common Stock, par value $.01 per shareF3 | Jan 10, 2017 | S | 5,664 | $32.8176 | D | 42,651 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | — | Jan 9, 2017 | M | 17,039 | D | — | — | Common Stock | 17,039 | 34,081 | D |
Explanation of responses
- F1This acquisition is reported to reflect the partial vesting of restricted stock units ("RSUs") previously granted to the Reporting Person on January 7, 2013.
- F2This transaction was effected pursuant to a 10b5-1 trading plan which was approved and became effective as of April 29, 2016.
- F3The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.756 to $32.865, inclusive. The Reporting Person undertakes to provide Iron Mountain Incorporated (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3).
- F4Each RSU represents a contingent right to receive one share of the Company's common stock ("Common Stock").
- F5The RSUs, representing a contingent right to receive a total of 68,158 shares of Common Stock, were granted to the Reporting Person on January 7, 2013 and vest 25% on the third anniversary of the grant date, 25% on the fourth anniversary of the grant date and 50% on the fifth anniversary of the grant date. The number of RSUs granted includes previously reported RSUs allocated on November 4, 2014 in connection with the special distribution declared by the Board of Directors of the Company on September 15, 2014 and paid on November 4, 2014.