Daniel Borges - Mar 1, 2022 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Role
SVP & Chief Accounting Officer
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated October 23, 2017 from Daniel Borges
Stock symbol
IRM
Transactions as of
Mar 1, 2022
Transactions value $
-$40,729
Form type
4
Date filed
3/3/2022, 06:41 PM
Previous filing
Mar 1, 2022
Next filing
Feb 23, 2023

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 +820 $0.00 820 Mar 1, 2022 Direct F1
transaction IRM Common Stock, par value $.01 per share Tax liability -$11.7K -236 -28.78% $49.67 584 Mar 1, 2022 Direct
transaction IRM Common Stock, par value $.01 per share Sale -$29K -584 -100% $49.67 0 Mar 2, 2022 Direct F2

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 -820 -33.32% $0.00 1.64K Mar 1, 2022 Common Stock 820 Direct F3, F4
transaction IRM Restricted Stock Units Award $0 +1.95K $0.00 1.95K Mar 1, 2022 Common Stock 1.95K 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 March 1, 2021.
F2 This transaction was effected pursuant to a 10b5-1 trading plan which was approved and became effective as of August 10, 2021.
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 2,461 shares of Common Stock, were granted to the Reporting Person on March 1, 2021 and vest in three substantially equal annual installments beginning on the first anniversary of the grant date.
F5 The RSUs vest in three substantially equal annual installments beginning on the first anniversary of the grant date.