William Meaney - Feb 28, 2023 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Role
President and CEO, Director
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated May 26, 2016, from William Meaney
Stock symbol
IRM
Transactions as of
Feb 28, 2023
Transactions value $
-$4,896,050
Form type
4
Date filed
3/2/2023, 08:37 PM
Previous filing
Feb 28, 2023
Next filing
Mar 6, 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 Sale -$3.31M -62.9K -16.72% $52.61 313K Feb 28, 2023 Direct F1, F2
transaction IRM Common Stock, par value $.01 per share Sale -$931K -17.8K -5.67% $52.43 296K Mar 1, 2023 Direct F1
transaction IRM Common Stock, par value $.01 per share Options Exercise $0 +26.6K +9.01% $0.00 322K Mar 1, 2023 Direct F3
transaction IRM Common Stock, par value $.01 per share Tax liability -$518K -9.85K -3.06% $52.58 312K Mar 1, 2023 Direct
transaction IRM Common Stock, par value $.01 per share Options Exercise $0 +7.05K +2.26% $0.00 319K Mar 1, 2023 Direct F4
transaction IRM Common Stock, par value $.01 per share Tax liability -$137K -2.61K -0.82% $52.58 317K Mar 1, 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 Restricted Stock Units Options Exercise $0 -26.6K -50% $0.00 26.6K Mar 1, 2023 Common Stock 26.6K Direct F5, F6
transaction IRM Restricted Stock Units Options Exercise $0 -7.05K -33.33% $0.00 14.1K Mar 1, 2023 Common Stock 7.05K Direct F5, F7
transaction IRM Employee Stock Option (Right to Buy) Award $0 +157K $0.00 157K Mar 1, 2023 Common Stock 157K $52.58 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 The price reported in Column 4 is a weighted average price. These shares of Iron Mountain Incorporated common stock ("Common Stock") were sold in multiple transactions at prices ranging from $52.44 to $52.65, 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 (2).
F3 This acquisition is reported to reflect the partial vesting of restricted stock units ("RSUs") previously granted to the Reporting Person on March 1, 2021.
F4 This acquisition is reported to reflect the partial vesting of restricted stock units ("RSUs") previously granted to the Reporting Person on March 1, 2022.
F5 Each RSU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").
F6 The RSUs, representing a contingent right to receive a total of 79,902 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.
F7 The RSUs, representing a contingent right to receive a total of 21,139 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.
F8 This stock option becomes exercisable in three substantially equal annual installments beginning on the first anniversary of the grant date.