SEC Form 4 · accession 0001104659-17-062182
IRON MOUNTAIN INC · IRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick J Keddy
Officer — Exec.VP,GM,N.America,W.Europe
Period of report
Oct 11, 2017
Accepted (ET)
Oct 13, 2017 · 6:47 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 share | Oct 11, 2017 | M | 7,011 | $24.804 | A | 19,599 | D | |
| Common Stock, par value $.01 per shareF2 | Oct 11, 2017 | S | 7,011 | $39.142 | D | 12,588 | D | |
| Common Stock, par value $.01 per share | Oct 11, 2017 | M | 16,417 | $29.27 | A | 29,005 | D | |
| Common Stock, par value $.01 per share | Oct 11, 2017 | S | 16,417 | $39.00 | D | 12,588 | 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)F3 | $24.804 | Oct 11, 2017 | M | 7,011 | D | — | Feb 13, 2024 | Common Stock | 7,011 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $29.27 | Oct 11, 2017 | M | 16,417 | D | — | Feb 18, 2026 | Common Stock | 16,417 | 32,884 | D |
Explanation of responses
- F1This transaction was effected pursuant to a 10b5-1 trading plan which was approved and became effective as of September 8, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.000 to $39.215, inclusive. The Reporting Person undertakes to provide to 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 (2).
- F3This stock option, representing a right to purchase a total of 7,011 shares, is fully vested.
- F4This stock option, representing a right to purchase a total of 49,301 shares, has vested with respect to 16,417 shares. The remaining shares become exercisable in two substantially equal annual installments beginning on February 18, 2018.