SEC Form 4 · accession 0001104659-17-029500
IRON MOUNTAIN INC · IRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clark H Bailey
Director
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 5:48 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 1, 2017 | M | 8,798 | $22.429 | A | 160,392 | D | |
| Common Stock, par value $.01 per share | May 1, 2017 | S | 8,798 | $34.967 | D | 151,594 | D | |
| Common Stock, par value $.01 per shareF2 | holding | — | — | — | 12,409 | I | See footnote | |
| Common Stock, par value $.01 per shareF3 | holding | — | — | — | 12,409 | I | See footnote |
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)F4 | $22.429 | May 1, 2017 | M | 8,798 | D | — | May 23, 2017 | Common Stock | 8,798 | 0 | D |
Explanation of responses
- F1This amount reflects the correction of a minor rounding error with respect to the number of shares of Iron Mountain Incorporated common stock ("Common Stock") acquired by the Reporting Person on November 4, 2014 as a result of the Reporting Person's receipt of his pro rata portion of 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").
- F2Shares held by the Clarke H. Bailey GST Trust for the benefit of Trent S. Bailey.
- F3Shares held by the Clarke H. Bailey GST Trust for the benefit of Turner H. Bailey.
- F4This stock option, representing a right to purchase a total of 8,798 shares of Common Stock, 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.