Theodore R. Samuels II - Apr 18, 2024 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Role
Director
Signature
/s/ Keely Stewart, under Power of Attorney dated July 6, 2023 from Theodore R Samuels
Stock symbol
IRM
Transactions as of
Apr 18, 2024
Transactions value $
$28,750
Form type
4
Date filed
4/22/2024, 05:37 PM
Previous filing
Apr 5, 2024
Next filing
May 16, 2024

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 Phantom Stock Award $28.8K +385 +39.93% $74.65 1.35K Apr 18, 2024 Common Stock 385 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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
F3 The price reported in Column 8 is a weighted average price. These shares of Iron Mountain Incorporated common stock ("Common Stock") were sold in multiple transactions at prices ranging from $74.609 to $74.719, inclusive. The Reporting Person undertakes to provide Iron Mountain Incorporated (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (3).