William Meaney - Dec 12, 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
Dec 12, 2023
Transactions value $
-$1,393,543
Form type
4
Date filed
12/14/2023, 05:03 PM
Previous filing
Nov 20, 2023
Next filing
Jan 11, 2024

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 Dec 12, 2023 Direct
transaction IRM Common Stock, par value $.01 per share Sale -$693K -10.5K -3.43% $65.98 296K Dec 12, 2023 Direct
transaction IRM Common Stock, par value $.01 per share Options Exercise $326K +10.5K +3.55% $31.01 306K Dec 13, 2023 Direct
transaction IRM Common Stock, par value $.01 per share Sale -$700K -10.5K -3.43% $66.65 296K Dec 13, 2023 Direct

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 -50% $31.01 10.5K Dec 12, 2023 Common Stock 10.5K $31.01 Direct F1
transaction IRM Employee Stock Option (Right to Buy) Options Exercise -$326K -10.5K -100% $31.01 0 Dec 13, 2023 Common Stock 10.5K $31.01 Direct F1
* 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 stock option, representing a right to purchase a total of 273,184 shares, is fully vested