Cloutier Ernest W 4
4 · IRON MOUNTAIN INC · Filed Feb 26, 2021
Insider Transaction Report
Form 4
Cloutier Ernest W
EVP, Gen. Counsel, Secretary
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2021-02-24+2,679→ 85,883 total - Tax Payment
Common Stock, par value $.01 per share
2021-02-24$34.65/sh−786$27,235→ 85,097 total - Award
Performance Units
2021-02-24+2,679→ 2,679 total→ Common Stock (2,679 underlying) - Exercise/Conversion
Performance Units
2021-02-24−2,679→ 0 total→ Common Stock (2,679 underlying)
Footnotes (6)
- [F1]This acquisition is reported to reflect the full vesting of performance units ("PUs") previously granted to the Reporting Person on February 15, 2018. Effective February 24, 2021, the Compensation Committee of Iron Mountain Incorporated's Board of Directors (the "Compensation Committee") determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs vested in full on February 24, 2021
- [F2]Each PU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").
- [F3]The PUs were initially granted to the Reporting Person on February 15, 2018. This Form 4 is being filed to reflect the determination by the Compensation Committee, effective as of February 24, 2021, of the actual award of PUs under the grant after completion of the relevant performance period.
- [F4]The PUs were initially granted to the Reporting Person on February 15, 2018 and fully vested on February 24, 2021.
- [F5]Each PU represents a contingent right to receive one share of Common Stock.
- [F6]The PUs were initially granted to the Reporting Person on February 15, 2018. Effective February 24, 2021, the Compensation Committee determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs vested in full on February 24, 2021.