Alfred J. Verrecchia - 05 Apr 2023 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Apr 2023, 16:41:10 UTC
Prior SEC filing
09 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Elizabeth Tammaro, under Power of Attorney dated May 26, 2016, from Alfred J. Verrecchia

Key filing fact

Alfred J. Verrecchia filed Form 4 for IRON MOUNTAIN INC (IRM) on 07 Apr 2023.

Key facts

  • This page summarizes Alfred J. Verrecchia's Form 4 filing for IRON MOUNTAIN INC (IRM).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 07 Apr 2023, 16:41.

Change

  • Previous filing in this sequence was filed on 09 Jan 2023.
  • Current net transaction value: +$44,939.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IRM transaction Derivative

Phantom Stock

Award

Transaction value
$44,939
Shares
+854
Change %
+1.2%
Price
$52.60
Shares after
73,517
Date
05 Apr 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
854
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

These shares give effect to dividends paid on Common Stock as if reinvested in Phantom Shares.

Footnote F3

The price reported in Column 8 is a weighted average price. These shares of Iron Mountain Incorporated Common Stock were sold in multiple transactions at prices ranging from $52.52 to $52.71, 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).

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