SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CLANCY JOHN

(Last) (First) (Middle)
C/O IRON MOUNTAIN DIGITAL
745 ATLANTIC AVENUE

(Street)
BOSTON MA 02111

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IRON MOUNTAIN INC [ IRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres., Iron Mountain Digital
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value, $.01 per share 08/21/2009 M (1) 3,307 A $9.9771 5,899 (2) D
Common Stock, par value, $.01 per share 08/21/2009 M (1) 18,000 A $18.5867 23,899 D
Common Stock, par value, $.01 per share 08/21/2009 M (1) 20,000 A $18.5867 43,899 D
Common Stock, par value, $.01 per share 08/21/2009 S (1) 33,899 D $28.67 10,000 D
Common Stock, par value, $.01 per share 08/21/2009 S (1) 10,000 D $29 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $9.9771 08/21/2009 M (1) 3,307 (3) 04/27/2014 Common Stock 3,307 $0 0 D
Stock Option (Right to Buy) $18.5867 08/21/2009 M (1) 18,000 (4) 04/26/2015 Common Stock 18,000 $0 7,860 (5) D
Stock Option (Right to Buy) $18.5867 08/21/2009 M (1) 20,000 (6) 04/26/2015 Common Stock 20,000 $0 7,942 (7) D
Explanation of Responses:
1. The exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2009. All shares covered under such plan have now been exercised and sold.
2. Includes 339 shares acquired under the Iron Mountain Incorporated Employee Stock Purchase Plan since March 7, 2008, the date on which the Reporting Person became a reporting officer under Section 16 of the Securities Exchange Act of 1934 ("Section 16"). The acquisition of such shares was exempt under Section 16.
3. These options vested from November 3, 2004 through April 28, 2008.
4. These options vested from April 27, 2006 through April 27, 2009.
5. Options for 2,480 of these shares are currently vested and options for the remaining 5,380 shares vest on April 27, 2010.
6. These options vested from April 27, 2006 through April 27, 2009.
7. Options for 2,559 of these shares are currently vested and options for the remaining 5,383 shares vest on April 27, 2010.
Remarks:
/s/ John Clancy 08/25/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.