SEC Form 4 · accession 0001104659-18-011442

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 16, 2018

Accepted (ET)

Feb 22, 2018 · 6:38 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
Common Stock, par value $.01 per share^F2	Feb 20, 2018	S	5,062	$32.92	D	93,587	D
Common Stock, par value $.01 per share^F3	Feb 20, 2018	M	25,921	$0.00	A	119,508	D
Common Stock, par value $.01 per share	Feb 20, 2018	F	11,521	$32.12	D	107,987	D
Common Stock, par value $.01 per share^F4	Feb 20, 2018	M	17,720	$0.00	A	125,707	D
Common Stock, par value $.01 per share	Feb 20, 2018	F	7,876	$32.12	D	117,831	D
Common Stock, par value $.01 per share^F5	Feb 20, 2018	M	25,029	$0.00	A	142,860	D
Common Stock, par value $.01 per share	Feb 20, 2018	F	11,125	$32.12	D	131,735	D
Common Stock, par value $.01 per share	Feb 21, 2018	S	19,075	$31.86	D	112,660	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Units^F6,F8	—	Feb 16, 2018	A	25,921	A	—	—	Common Stock	25,921	25,921	D
Performance Units^F6,F8	—	Feb 20, 2018	M	25,921	D	—	—	Common Stock	25,921	0	D
Restricted Stock Units^F9,F10	—	Feb 20, 2018	M	17,720	D	—	—	Common Stock	17,720	0	D
Restricted Stock Units^F9,F11	—	Feb 20, 2018	M	25,029	D	—	—	Common Stock	25,029	25,105	D

Explanation of responses

F1This transaction was effected pursuant to a 10b5-1 trading plan which was approved and became effective as of May 8, 2017.
F10The RSUs, representing a contingent right to receive a total of 53,051 shares of Common Stock, were granted to the Reporting Person on February 19, 2015 and have fully vested.
F11The RSUs, representing a contingent right to receive a total of 75,162 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.
F2The price reported in Column 4 is a weighted average price. These shares of Iron Mountain Incorporated common stock ("Common Stock") were sold in multiple transactions at prices ranging from $32.75 to $33.04, 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 of Common Stock sold at each separate price within the ranges set forth in this footnote (2).
F3This transaction is being reported to reflect the full vesting of performance units ("PUs") initially granted to the Reporting Person on February 19, 2015. Effective February 16, 2018, the Compensation Committee of the Company's Board of Directors (the "Compensation Committee") determined the actual award of PUs under the grant after completion of the relevant performance period.
F4This acquisition is reported to reflect the partial vesting of restricted stock units ("RSUs") previously granted to the Reporting Person on February 19, 2015.
F5This acquisition is reported to reflect the partial vesting of RSUs previously granted to the Reporting Person on February 18, 2016.
F6Each PU represents a contingent right to receive one share of Common Stock.
F7The PUs were initially granted to the Reporting Person on February 19, 2015, and effective February 16, 2018 the Compensation Committee determined the actual award of PUs under the grant after completion of the relevant performance period.
F8The PUs were initially granted to the Reporting Person on February 19, 2015 and fully vested on February 20, 2018.
F9Each RSU represents a contingent right to receive one share of Common Stock.