SEC Form 4 · accession 0001104659-17-010229
IRON MOUNTAIN INC · IRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Meaney
Officer — President and CEO · Director
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 4:49 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 15, 2017 | M | 32,776 | $0.00 | A | 81,629 | D | |
| Common Stock, par value $.01 per share | Feb 15, 2017 | F | 15,421 | $37.11 | D | 66,208 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF1,F2,F3 | — | Feb 15, 2017 | M | 32,776 | D | — | — | Common Stock | 32,776 | 0 | D |
Explanation of responses
- F1This transaction is being reported to reflect the full vesting of performance units ("PUs") previously granted to the Reporting Person on February 13, 2014. On February 15, 2017, the Compensation Committee of Iron Mountain Incorporated's Board of Directors determined the actual award of PUs under the grant after completion of the relevant performance period.
- F2Each PU represents a contingent right to receive one share of Iron Mountain Incorporated common stock.
- F3The PUs fully vested on February 15, 2017.