Doyle Simons - Jul 14, 2021 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Role
Director
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated January 2, 2020 from Doyle R. Simons
Stock symbol
IRM
Transactions as of
Jul 14, 2021
Transactions value $
$25,614
Form type
4
Date filed
7/15/2021, 05:14 PM
Previous filing
Jul 8, 2021
Next filing
Oct 1, 2021

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 Phantom Stock Award $25.6K +582 +2.96% $44.01 20.2K Jul 14, 2021 Common Stock 582 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Reporting Person's election to participate in the Iron Mountain Incorporated Directors Deferred Compensation Plan, the shares of phantom stock (the "Phantom Shares") will become payable in shares of Iron Mountain Incorporated common stock ("Common Stock") following the Reporting Person's disability or cessation of service as a director. Each Phantom Share is the economic equivalent of one share of Common Stock.
F2 These shares give effect to the Reporting Person's quarterly cash compensation for services on the Iron Mountain Incorporated board of directors as if reinvested in Phantom Shares.