Robin Matlock - 02 Jan 2025 Form 4/A - Amendment Insider Report for IRON MOUNTAIN INC (IRM)

Role
Director
Signature
/s/ Keely Stewart, under Power of Attorney dated April 17, 2023 from Robin Matlock
Issuer symbol
IRM
Transactions as of
02 Jan 2025
Net transactions value
$0
Form type
4/A - Amendment
Filing time
17 Jan 2025, 16:57:42 UTC
Date Of Original Report
06 Jan 2025
Previous filing
03 Dec 2024
Next filing
10 Jan 2025

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 $0 +960 +3.9% $0.000000 25,302 02 Jan 2025 Direct F1, F2

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 Options Exercise $0 -960 -50% $0.000000 973 02 Jan 2025 Common Stock 960 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 6, 2025, the Reporting Person filed a Form 4 which inadvertently included an incorrect distribution type due to an administrative error. This amendment is being filed solely to reflect that the shares of phantom stock (the "Phantom Shares") were distributed in shares of Iron Mountain Incorporated common stock ("Common Stock") instead of in cash. Only whole shares of Common Stock were transferred in-kind; fractional shares were sold and settled in cash.
F2 Pursuant to the Reporting Person's election to participate in the Iron Mountain Incorporated Directors Deferred Compensation Plan (the "Plan"), the Phantom Shares will become payable in shares of Common Stock on various dates selected by the Reporting Person or as otherwise provided in the Plan. Each Phantom Share is the economic equivalent of one share of Common Stock.
F3 Settlement of the Phantom Shares is in Common Stock.