William Meaney - Feb 22, 2022 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Role
President and CEO, Director
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated May 26, 2016, from William Meaney
Stock symbol
IRM
Transactions as of
Feb 22, 2022
Transactions value $
-$721,420
Form type
4
Date filed
2/24/2022, 06:00 PM
Previous filing
May 21, 2021
Next filing
Feb 28, 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 +25.5K +11.64% $0.00 245K Feb 22, 2022 Direct F1
transaction IRM Common Stock, par value $.01 per share Tax liability -$307K -7.2K -2.94% $42.68 238K Feb 22, 2022 Direct
transaction IRM Common Stock, par value $.01 per share Options Exercise $0 +23.1K +9.72% $0.00 261K Feb 22, 2022 Direct F2
transaction IRM Common Stock, par value $.01 per share Tax liability -$414K -9.7K -3.72% $42.68 251K Feb 22, 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 -25.5K -50% $0.00 25.5K Feb 22, 2022 Common Stock 25.5K Direct F3, F4
transaction IRM Restricted Stock Units Options Exercise $0 -23.1K -100% $0.00* 0 Feb 22, 2022 Common Stock 23.1K Direct F3, F5
* 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 February 19, 2020.
F2 This acquisition is reported to reflect the partial vesting of RSUs previously granted to the Reporting Person on February 20, 2019.
F3 Each RSU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").
F4 The RSUs, representing a contingent right to receive a total of 76,553 shares of Common Stock, were granted to the Reporting Person on February 19, 2020 and vest in three substantially equal annual installments beginning on the first anniversary of the grant date.
F5 The RSUs, representing a contingent right to receive a total of 69,288 shares of Common Stock, were granted to the Reporting Person on February 20, 2019 and are fully vested.