William Meaney - Mar 1, 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
Mar 1, 2022
Transactions value $
-$939,260
Form type
4
Date filed
3/3/2022, 06:52 PM
Previous filing
Mar 1, 2022
Next filing
Mar 9, 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 +26.6K +9.6% $0.00 304K Mar 1, 2022 Direct F1
transaction IRM Common Stock, par value $.01 per share Tax liability -$556K -11.2K -3.68% $49.67 293K Mar 1, 2022 Direct
transaction IRM Common Stock, par value $.01 per share Sale -$384K -7.72K -2.64% $49.67 285K 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 -26.6K -33.33% $0.00 53.3K Mar 1, 2022 Common Stock 26.6K Direct F3, F4
transaction IRM Restricted Stock Units Award $0 +21.1K $0.00 21.1K Mar 1, 2022 Common Stock 21.1K Direct F3, F5
transaction IRM Employee Stock Option (Right to Buy) Award $0 +211K $0.00 211K Mar 1, 2022 Common Stock 211K $49.67 Direct F6
* 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 March 19,2021.
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 79,902 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.
F6 This stock option becomes exercisable in three substantially equal annual installments beginning on the first anniversary of the grant date.