Robin Matlock - Jul 18, 2022 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Role
Director
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated June 20, 2019 from Robin Matlock
Stock symbol
IRM
Transactions as of
Jul 18, 2022
Transactions value $
$2,137
Form type
4
Date filed
7/20/2022, 04:04 PM
Previous filing
Jun 2, 2022
Next filing
Sep 2, 2022

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 Phantom Stock Award $2.14K +43.2 +1.25% $49.50 3.5K Jul 18, 2022 Common Stock 43.2 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Reporting Person's election to participate in the Iron Mountain Incorporated Directors Deferred Compensation Plan (the "Plan"), the shares of phantom stock (the "Phantom Shares") will become payable in shares of Iron Mountain Incorporated common stock ("Common Stock") on various dates selected by the Reporting Person or as otherwise provided in the Plan. Each Phantom Share is the economic equivalent of one share of Common Stock.
F2 These shares give effect to dividends paid on Common Stock as if reinvested in Phantom Shares.
F3 Includes a reduction of -3.8214 Phantom Shares to reconcile total beneficial ownership from prior reported transactions.