IRON MOUNTAIN INC /DE
SC 13G, 1999-01-26
PUBLIC WAREHOUSING & STORAGE
Previous: NUVEEN TAX FREE UNIT TRUST SERIES 897, 485BPOS, 1999-01-26
Next: FIFTH THIRD BANK AUTO TRUST 1996-B, 8-K, 1999-01-26



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
              TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO
                             FILED PURSUANT TO 13d-2
                                (Amendment No. )*

                           Iron Mountain Incorporated
                                (Name of Issuer)

                          Common Stock, $.01 par value
                         (Title of Class of Securities)

                                   46284P 10 4
                                 (CUSIP Number)


             (Date of Event Which Requires Filing of this Statement)

             Check the  appropriate  box to designate the rule pursuant to which
this Schedule is filed:

                                |_| Rule 13d-1(b)
                                |X| Rule 13d-1(c)
                                |_| Rule 13d-1(d)


- --------------------
* The remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


<PAGE>
                                  SCHEDULE 13G


CUSIP No. 46284P 10 4                                          Page 2 of 6 Pages


1          NAMES OF REPORTING PERSONS
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

           Kent P. Dauten
2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP 
           (See Instructions)                                   (a) |_|
                                                                (b) |_|
3          SEC USE ONLY


4          CITIZENSHIP OR PLACE OF ORGANIZATION

           U.S.A.
                            5          SOLE VOTING POWER
         NUMBER OF
          SHARES                       1,410,146
       BENEFICIALLY
         OWNED BY
           EACH
         REPORTING
          PERSON
           WITH
                             6         SHARED VOTING POWER
                            
                                       595
                             7         SOLE DISPOSITIVE POWER
                            
                                       1,410,146
                             8         SHARED DISPOSITIVE POWER
                            
                                       595
9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           1,410,741 Shares1
10         CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
           SHARES (See Instructions)                   |_|

11         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

           4.8%

12         TYPE OF REPORTING PERSON (See Instructions)

           IN

- --------
1        Includes 919 shares that Mr.  Dauten has the right to acquire  pursuant
         to  currently  exercisable  options  (or options  becoming  exercisable
         within 60 days of the date of this  Schedule  13G).  Also  includes 595
         shares as to which Mr. Dauten has shared voting and  dispositive  power
         as a partner  of  Madison  Dearborn  Partners  IV,  which has a limited
         partnership  interest in GKH  Investments,  L.P., a stockholder of Iron
         Mountain Incorporated. All numbers in this Schedule 13G are adjusted to
         give  effect to a 3 for 2 split of Iron  Mountain  Incorporated  common
         stock that occurred in July 1998.


<PAGE>

                                  SCHEDULE 13G


CUSIP No. 46284P 10 4                                          Page 3 of 6 Pages


Item 1(a).    Name of issuer:

     Iron Mountain Incorporated

Item 1(b).    Address of Issuer's Principal Executive Offices:

     745 Atlantic Avenue, Boston, Massachusetts 02111

Item 2(a).    Name of Person Filing:

     Kent P. Dauten

Item 2(b).    Address of Principal Business Office or, if none, Residence:

     c/o  Keystone  Capital,  Inc.,  520 Lake Cook Road,  Suite 650,  Deerfield,
     Illinois 60015

Item 2(c).    Citizenship:

     U.S.A.

Item 2(d).    Title of Class of Securities:

     Common Stock, $.01 par value

Item 2(e).    CUSIP Number:

     46284P 10 4

Item 3. If the Statement is being filed pursuant to Rule  13d-1(b),  or 13d-2(b)
        or (c), check whether the filing person is a:

         (a) / /  Broker or dealer registered under Section 15 of the Act 
                  (15 U.S.C. 78o);

         (b) / /  Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);

         (c) / /  Insurance  company as defined in Section  3(a)(19) of the Act
                 (15 U.S.C. 78c);

         (d) / /  Investment company registered under Section 8 of the 
                  Investment Company Act of 1940 (15 U.S.C. 80a-8);

         (e) / /  An investment adviser in accordance with 13d-1(b)(1)(ii)(E);

         (f) / /  An employee benefit plan or endowment fund in accordance  with
                  13d-1(b)(1)(ii)(F);

         (g) / /  A parent holding company or control person in accordance  with
                  13d-1(b)(1)(ii)(G);

         (h) / /  A savings  association  as defined  in  Section  3(b) of the
                  Federal Deposit Insurance Act (12 U.S.C. 1813);

<PAGE>
                                  SCHEDULE 13G


CUSIP No. 46284P 10 4                                          Page 4 of 6 Pages


         (i) / /  A church plan that is  excluded  from the  definition  of an
                  investment  company under Section  3(c)(14) of the  Investment
                  Company Act of 1940 (15 U.S.C. 80a-3);

         (j) / /  Group, in accordance with 13d-1(b)(1)(ii)(J).

         If this statement is filed pursuant to 13d-1(c), check this box.   |X|

Item 4.       Ownership.

     (a) Amount beneficially owned:

         1,410,741 shares2

     (b) Percent of class:

         4.8%

     (c) Number of shares as to which such person has:

     (i)      Sole power to vote or direct the vote:

              1,410,146

     (ii)     Shared power to vote or direct the vote:

              595

     (iii)    Sole power to dispose or to direct the disposition of:

              1,410,146

     (iv)     Shared power to dispose or to direct the disposition of:

              595

Item 5.       Ownership of Five Percent or Less of a Class.

     If this  statement  is being  filed to report  the fact that as of the date
hereof the reporting  person had ceased to be the beneficial  owner of more than
five percent of the class of securities, check the following [ X ].

Item 6.       Ownership of More than Five Percent on Behalf of Another Person.

         Not applicable.


- --------
         2    See footnote 1.

<PAGE>
                                  SCHEDULE 13G


CUSIP No. 46284P 10 4                                          Page 5 of 6 Pages


Item 7.       Identification and Classification of the Subsidiary Which Acquired
              the Security Being Reported on by the Parent Holding Company.

         Not applicable.

Item 8.       Identification and Classification of Members of the Group.

         Not applicable.

Item 9.       Notice of Dissolution of Group.

         Not applicable.

Item 10.      Certification.

     By signing  below I certify  that,  to the best of my knowledge and belief,
the  securities  referred  to above were not  acquired  and are not held for the
purpose of or with the effect of  changing  or  influencing  the  control of the
issuer of the  securities  and were not acquired and are not held in  connection
with or as a participant in any transaction having that purpose or effect.


<PAGE>
                                  SCHEDULE 13G


CUSIP No. 46284P 10 4                                          Page 6 of 6 Pages

                                    SIGNATURE


     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.



                                                   January 25, 1999   
                                                       (Date)


                                                   /s/ Kent P. Dauten    
                                                   (Signature)


                                                   Kent P. Dauten       
                                                   (Name/Title)


     The original  statement  shall be signed by each person on whose behalf the
statement is filed or his authorized representative.  If the statement is signed
on behalf of a person by his authorized  representative  other than an executive
officer  or   general   partner  of  the   filing   person,   evidence   of  the
representative's  authority to sign on behalf of such person shall be filed with
the  statement,  provided,  however,  that a power of attorney  for this purpose
which is already on file with the Commission may be  incorporated  by reference.
The name and any title of each person who signs the statement  shall be typed or
printed beneath his signature.

Note.  Schedules  filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
for whom copies are to be sent.

Attention.  Intentional  misstatements  or omissions of fact constitute  federal
criminal violations (See 18 U.S.C. 1001).





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission