William Meaney - Jul 13, 2023 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Signature
/s/ Keely Stewart, under Power of Attorney dated April 17, 2023, from William Meaney
Stock symbol
IRM
Transactions as of
Jul 13, 2023
Transactions value $
-$1,243,398
Form type
4
Date filed
7/17/2023, 04:37 PM
Previous filing
Jun 8, 2023
Next filing
Aug 16, 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 $326K +10.5K +3.55% $31.01 306K Jul 13, 2023 Direct F1
transaction IRM Common Stock, par value $.01 per share Sale -$625K -10.5K -3.43% $59.45 296K Jul 13, 2023 Direct F1
transaction IRM Common Stock, par value $.01 per share Options Exercise $326K +10.5K +3.55% $31.01 306K Jul 14, 2023 Direct F1
transaction IRM Common Stock, par value $.01 per share Sale -$619K -10.5K -3.43% $58.89 296K Jul 14, 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 -$326K -10.5K -8.33% $31.01 116K Jul 13, 2023 Common Stock 10.5K $31.01 Direct F2
transaction IRM Employee Stock Option (Right to Buy) Options Exercise -$326K -10.5K -9.09% $31.01 105K Jul 14, 2023 Common Stock 10.5K $31.01 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 May 20, 2022.
F2 This stock option, representing a right to purchase a total of 273,184 shares, is fully vested.