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

Role
EVP, Chief Operating Officer
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated May 26, 2016, from John Tomovcsik
Stock symbol
IRM
Transactions as of
Mar 1, 2022
Transactions value $
-$201,462
Form type
4
Date filed
3/3/2022, 06:51 PM
Previous filing
Feb 28, 2022
Next filing
Apr 15, 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 +9.55K +16.83% $0.00 66.3K Mar 1, 2022 Direct F1
transaction IRM Common Stock, par value $.01 per share Tax liability -$201K -4.06K -6.12% $49.67 62.2K Mar 1, 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 -9.55K -33.33% $0.00 19.1K Mar 1, 2022 Common Stock 9.55K Direct F2, F3
transaction IRM Restricted Stock Units Award $0 +9.31K $0.00 9.31K Mar 1, 2022 Common Stock 9.31K 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 March 1, 2021.
F2 Each RSU represents a contingent right to receive one share of Common Stock.
F3 The RSUs, representing a contingent right to receive a total of 28,649 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.
F4 The RSUs vest in three substantially equal annual installments beginning on the first anniversary of the grant date.