Doyle Simons - 20 Jul 2022 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Reporting relationship: Director
Issuer ticker: IRM
Reported as of: 20 Jul 2022
Net transaction value: +$32,500
SEC form: 4
Accepted by SEC: 21 Jul 2022, 17:15:58 UTC
Prior SEC filing: 20 Jul 2022
Next SEC filing: 03 Oct 2022
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth Tammaro, under Power of Attorney dated January 2, 2020 from Doyle R. Simons

Key filing fact

Doyle Simons filed Form 4 for IRON MOUNTAIN INC (IRM) on 21 Jul 2022.

Key facts

This page summarizes Doyle Simons's Form 4 filing for IRON MOUNTAIN INC (IRM).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 21 Jul 2022, 17:15.

Change

Previous filing in this sequence was filed on 20 Jul 2022.
Current net transaction value: +$32,500.

Research use

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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IRM transaction Derivative

Phantom Stock

Award

Transaction value: $32,500
Shares: +690
Change %: +2.6%
Price: $47.08
Shares after: 27,017
Date: 20 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 690
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the Reporting Person's election to participate in the Iron Mountain Incorporated Directors Deferred Compensation Plan, the shares of phantom stock (the "Phantom Shares") will become payable in shares of Iron Mountain Incorporated common stock ("Common Stock") following the Reporting Person's disability or cessation of service as a director. Each Phantom Share is the economic equivalent of one share of Common Stock.

Footnote F2

These shares give effect to the Reporting Person's quarterly cash compensation for services on the Iron Mountain Incorporated board of directors as if reinvested in Phantom Shares.