Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IRM | Performance Units | Options Exercise | $0 | -25.3K | -100% | $0.00* | 0 | Mar 1, 2024 | Common Stock | 25.3K | Direct | F4, F5 | |
transaction | IRM | Restricted Stock Units | Options Exercise | $0 | -5.06K | -100% | $0.00* | 0 | Mar 1, 2024 | Common Stock | 5.06K | Direct | F6, F7 | |
transaction | IRM | Restricted Stock Units | Options Exercise | $0 | -2.82K | -49.99% | $0.00 | 2.82K | Mar 1, 2024 | Common Stock | 2.82K | Direct | F6, F8 |
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).
Id | Content |
---|---|
F1 | This acquisition is reported to reflect the full vesting of performance units ("PUs") previously granted to the Reporting Person on March 1, 2021. Effective February 22, 2024, the Compensation Committee of Iron Mountain Incorporated's Board of Directors (the "Compensation Committee") determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs fully vested on March 1, 2024. |
F2 | This acquisition is reported to reflect the full vesting of restricted stock units ("RSUs") previously granted to the Reporting Person on March 1, 2021. |
F3 | This acquisition is reported to reflect the partial vesting of restricted stock units ("RSUs") previously granted to the Reporting Person on March 1, 2022. |
F4 | Each PU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock"). |
F5 | The PUs were initially granted to the Reporting Person on March 1, 2021. Effective February 22, 2024, the Compensation Committee determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs fully vested on March 1, 2024. |
F6 | Each RSU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock"). |
F7 | The RSUs, representing a contingent right to receive a total of 15,188 shares of Common Stock, were granted to the Reporting Person on March 1, 2021 and vest in three substantially equal annual installments beginning on the first anniversary of the grant date. |
F8 | The RSUs, representing a contingent right to receive a total of 8,455 shares of Common Stock, were granted to the Reporting Person on March 1, 2022 and vest in three substantially equal annual installments beginning on the first anniversary of the grant date. |