Robin Matlock - 04 Jan 2022 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Role
Director
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated June 20, 2019 from Robin Matlock
Issuer symbol
IRM
Transactions as of
04 Jan 2022
Net transactions value
-$83,281
Form type
4
Filing time
11 Apr 2022, 21:27:35 UTC
Previous filing
08 Oct 2021
Next filing
13 May 2022
SEC
View on sec.gov

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 +841 +5.4% $0.000000 16,451 04 Jan 2022 Direct F1
transaction IRM Common Stock, par value $.01 per share Disposed to Issuer $42,789 -841 -5.1% $50.88 15,610 04 Jan 2022 Direct 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 $42,789 -841 -20% $50.88 3,417 04 Jan 2022 Common Stock 841 Direct F1, F3, F4
transaction IRM Phantom Stock Award $2,296 +41 +1.2% $56.23 3,458 06 Apr 2022 Common Stock 41 Direct F1, F5
* 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 "Plan"), the shares of phantom stock (the "Phantom Shares") will become payable in shares of Iron Mountain Incorporated common stock ("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.
F2 Represents Common Stock otherwise issuable to the Reporting Person for which cash was paid, based on the closing price of Common Stock on the New York Stock Exchange on the transaction date.
F3 Settlement of the Phantom Shares is in cash.
F4 Settlement of the Phantom Shares is made in accordance with distribution elections made by the Reporting Person or as otherwise provided in the Plan.
F5 These shares give effect to dividends paid on Common Stock as if reinvested in Phantom Shares.