William L. Meaney - 24 Feb 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
Issuer symbol
IRM
Transactions as of
24 Feb 2022
Net transactions value
-$3,053,350
Form type
4
Filing time
28 Feb 2022, 20:22:42 UTC
Previous filing
24 Feb 2022
Next filing
01 Mar 2022
SEC
View on sec.gov

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Quoteable Key Fact

"William L. Meaney filed Form 4 for IRON MOUNTAIN INC (IRM) on 28 Feb 2022."

Quick Takeaways

  • This page summarizes William L. Meaney's Form 4 filing for IRON MOUNTAIN INC (IRM).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Filing timestamp: 28 Feb 2022, 20:22.

What Changed

  • Previous filing in this sequence was filed on 24 Feb 2022.
  • Current net transaction value: -$3,053,350.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

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 +151,545 +60% $0.000000 402,545 24 Feb 2022 Direct F1
transaction IRM Common Stock, par value $.01 per share Tax liability $3,053,350 -67,210 -17% $45.43 335,335 24 Feb 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 Performance Units Award $0 +151,545 $0.000000 151,545 24 Feb 2022 Common Stock 151,545 Direct F2, F3, F4
transaction IRM Performance Units Options Exercise $0 -151,545 -100% $0.000000* 0 24 Feb 2022 Common Stock 151,545 Direct F2, 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 full vesting of performance units ("PUs") previously granted to the Reporting Person on February 20, 2019. Effective February 24, 2022, the Compensation Committee of Iron Mountain Incorporated's Board of Directors (the "Compensation Committee") determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs vested in full on February 24, 2022.
F2 Each PU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").
F3 The PUs were initially granted to the Reporting Person on February 20, 2019. This Form 4 is being filed to reflect the determination by the Compensation Committee, effective as of February 24, 2022, of the actual award of PUs under the grant after completion of the relevant performance period.
F4 The PUs were initially granted to the Reporting Person on February 20, 2019 and fully vested on February 24, 2022
F5 The PUs were initially granted to the Reporting Person on February 20, 2019. Effective February 24, 2022, the Compensation Committee determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs vested in full on February 24, 2022.

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