Mark Kidd - 02 Jan 2024 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Signature
/s/ Keely Stewart, under Power of Attorney dated April 17, 2023, from Mark Kidd
Issuer symbol
IRM
Transactions as of
02 Jan 2024
Net transactions value
-$795,182
Form type
4
Filing time
04 Jan 2024, 17:18:31 UTC
Previous filing
02 Mar 2023
Next filing
26 Feb 2024

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 $699,000 -10,000 -19% $69.90 42,739 02 Jan 2024 Direct
transaction IRM Common Stock, par value $.01 per share Options Exercise $34,125 +1,376 +3.2% $24.80 44,115 02 Jan 2024 Direct
transaction IRM Common Stock, par value $.01 per share Sale $96,182 -1,376 -3.1% $69.90 42,739 02 Jan 2024 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 Employee Stock Option (Right to Buy) Options Exercise $34,125 -1,376 -100% $24.80 0 02 Jan 2024 Common Stock 1,376 $24.80 Direct F1
* 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 stock option was granted on February 13, 2014. This stock option has fully vested and has been fully exercised as of January 2, 2024.