Barry Hytinen - Jan 3, 2022 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Role
EVP and CFO
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated January 1, 2020, from Barry A. Hytinen
Stock symbol
IRM
Transactions as of
Jan 3, 2022
Transactions value $
-$748,451
Form type
4
Date filed
1/5/2022, 08:35 PM
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRM Common Stock, par value $.01 per share Options Exercise $0 +16.4K +105.85% $0.00 32K Jan 3, 2022 Direct F1
transaction IRM Common Stock, par value $.01 per share Tax liability -$374K -7.29K -22.81% $51.32 24.7K Jan 3, 2022 Direct
transaction IRM Common Stock, par value $.01 per share Options Exercise $0 +16.4K +66.61% $0.00 41.1K Jan 3, 2022 Direct F1
transaction IRM Common Stock, par value $.01 per share Tax liability -$374K -7.29K -17.73% $51.32 33.8K Jan 3, 2022 Direct

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 Restricted Stock Units Options Exercise $0 -16.4K -50% $0.00 16.4K Jan 3, 2022 Common Stock 16.4K Direct F2, F3
transaction IRM Restricted Stock Units Options Exercise $0 -16.4K -50% $0.00 16.4K Jan 3, 2022 Common Stock 16.4K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This acquisition is reported to reflect the partial vesting of restricted stock units ("RSUs") previously granted to the Reporting Person on January 2, 2020.
F2 Each RSU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").
F3 The RSUs, representing a contingent right to receive a total of 49,325 shares of Common Stock, were granted to the Reporting Person on January 2, 2020 and vest in three substantially equal annual installments beginning on the first anniversary of the grant date.
F4 The RSUs vest 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date.