Ernest W. Cloutier - May 10, 2021 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Role
EVP & GM, RIM
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated May 26, 2016, from Ernest W. Cloutier
Stock symbol
IRM
Transactions as of
May 10, 2021
Transactions value $
-$590,292
Form type
4
Date filed
5/12/2021, 04:24 PM
Next filing
May 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRM Common Stock, par value $.01 per share Sale -$420K -10K -11.75% $41.99 75.1K May 10, 2021 Direct F1, F2
transaction IRM Common Stock, par value $.01 per share Options Exercise $1.27M +34.2K +45.54% $37.00 109K May 10, 2021 Direct F1
transaction IRM Common Stock, par value $.01 per share Sale -$1.44M -34.2K -31.29% $41.98 75.1K May 10, 2021 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IRM Employee Stock Option (Right to Buy) Options Exercise $0 -34.2K -100% $0.00* 0 May 10, 2021 Common Stock 34.2K $37.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a 10b5-1 trading plan which was approved and became effective March 1, 2021.
F2 The 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 $41.95 to $42.07, 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).
F3 The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $41.95 to $42.075, inclusive. The Reporting Person undertakes to provide 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 (3).
F4 This stock option, representing a right to purchase a total of 34,199 shares, is fully vested.