SEC Form 4 · accession 0001104659-17-021106
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.
Period of report
Mar 2, 2017
Accepted (ET)
Apr 3, 2017 · 7:15 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 | Mar 2, 2017 | M | 11,347 | $22.0356 | A | 55,385 | D | |
| Common Stock, par value $.01 per shareF1 | Mar 2, 2017 | F | 7,054 | $36.32 | D | 48,331 | D | |
| Common Stock, par value $.01 per shareF1 | Mar 2, 2017 | M | 8,783 | $24.8037 | A | 57,114 | D | |
| Common Stock, par value $.01 per shareF1 | Mar 2, 2017 | F | 6,099 | $36.32 | D | 51,015 | D | |
| Common Stock, par value $.01 per shareF2 | Mar 31, 2017 | M | 1,936 | $0.00 | A | 52,951 | D | |
| Common Stock, par value $.01 per share | Mar 31, 2017 | F | 109 | $35.39 | D | 52,842 | D | |
| Common Stock, par value $.01 per shareF3 | Mar 31, 2017 | M | 8,532 | $0.00 | A | 61,374 | D | |
| Common Stock, par value $.01 per share | Mar 31, 2017 | F | 430 | $35.39 | D | 60,944 | 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)F1,F4 | $22.0356 | Mar 2, 2017 | M | 11,347 | D | — | Mar 1, 2019 | Common Stock | 11,347 | 0 | D |
| Employee Stock Option (Right to Buy)F1,F5 | $24.8037 | Mar 2, 2017 | M | 8,783 | D | — | Feb 13, 2024 | Common Stock | 8,783 | 0 | D |
| Restricted Stock UnitsF6,F7 | — | Mar 31, 2017 | M | 1,936 | D | — | — | Common Stock | 1,936 | 0 | D |
| Restricted Stock UnitsF6,F8 | — | Mar 31, 2017 | M | 8,532 | D | — | — | Common Stock | 8,532 | 8,559 | D |
Explanation of responses
- F1This report is being filed late due to an administrative error by a third party broker firm that is the administrator of this transaction.
- F2This acquisition is reported to reflect the partial vesting of restricted stock units ("RSUs") previously granted to the Reporting Person on February 19, 2015.
- F3This acquisition is reported to reflect the partial vesting of RSUs previously granted to the Reporting Person on February 18, 2016.
- F4This stock option, representing a right to purchase a total of 113,451 shares, is fully vested. The number of stock options granted includes previously reported adjustments effective on October 18, 2012 made in connection with a special dividend declared by the Board of Directors of the Issuer and on September 26, 2014 made in connection with the special distribution declared by the Board of Directors of the Issuer (the "Special Distribution").
- F5This stock option, representing a right to purchase a total of 26,296 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.
- F6Each RSU represents a contingent right to receive one share of the Issuer's common stock ("Common Stock").
- F7The RSUs, representing a contingent right to receive a total of 5,794 shares of Common Stock, were granted to the Reporting Person on February 19, 2015 and vest in three substantially equal annual installments beginning on the first anniversary of the grant date. In connection with the Reporting Person's resignation from the Issuer on March 31, 2017, the unvested portion of this RSU award became fully vested.
- F8The RSUs, representing a contingent right to receive a total of 25,623 shares of Common Stock, were granted to the Reporting Person on February 18, 2016 and vest in three substantially equal annual installments beginning on the first anniversary of the grant date. In connection with the Reporting Person's resignation from the Issuer on March 31, 2017, the unvested portion of this RSU award became partially vested.