Deborah Marson - Jun 15, 2023 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Signature
/s/ Keely Stewart, under Power of Attorney dated April 17, 2023, from Deborah Marson
Stock symbol
IRM
Transactions as of
Jun 15, 2023
Transactions value $
-$112,460
Form type
4
Date filed
6/20/2023, 04:15 PM
Previous filing
Apr 13, 2023
Next filing
Jul 13, 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 $49.6K +2K +3.22% $24.80 64K Jun 15, 2023 Direct F1
transaction IRM Common Stock, par value $.01 per share Sale -$112K -2K -3.12% $56.23 62K Jun 15, 2023 Direct F1

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 Employee Stock Option (Right to Buy) Options Exercise -$49.6K -2K -45.65% $24.80 2.38K Jun 15, 2023 Common Stock 2K $24.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a 10b5-1 trading plan which was approved and became effective as of March 15, 2023.
F2 This stock option, representing a right to purchase a total of 4,381 shares, is fully vested.