William Meaney - 13 Apr 2023 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated May 26, 2016, from William Meaney
Issuer symbol
IRM
Transactions as of
13 Apr 2023
Transactions value $
-$1,130,448
Form type
4
Filing time
17 Apr 2023, 18:06:24 UTC
Previous filing
13 Mar 2023
Next filing
19 May 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 Options Exercise $325,769 +10,507 +3.6% $31 306,157 13 Apr 2023 Direct F1
transaction IRM Common Stock, par value $.01 per share Sale -$567,798 -10,507 -3.4% $54.04 295,650 13 Apr 2023 Direct F1
transaction IRM Common Stock, par value $.01 per share Options Exercise $325,769 +10,507 +3.6% $31 306,157 14 Apr 2023 Direct F1
transaction IRM Common Stock, par value $.01 per share Sale -$562,649 -10,507 -3.4% $53.55 295,650 14 Apr 2023 Direct F1

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 Employee Stock Option (Right to Buy) Options Exercise -$325,769 -10,507 -5.6% $31 178,619 13 Apr 2023 Common Stock 10,507 $31 Direct F2
transaction IRM Employee Stock Option (Right to Buy) Options Exercise -$325,769 -10,507 -5.9% $31 168,112 14 Apr 2023 Common Stock 10,507 $31 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 This stock option, representing a right to purchase a total of 273,184 shares, is fully vested.