William Meaney - 05 Feb 2024 Form 4 Insider Report for IRON MOUNTAIN INC (IRM)

Signature
/s/ Keely Stewart, under Power of Attorney dated April 17, 2023, from William Meaney
Issuer symbol
IRM
Transactions as of
05 Feb 2024
Transactions value $
-$2,169,478
Form type
4
Filing time
07 Feb 2024, 17:28:25 UTC
Previous filing
11 Jan 2024
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 Options Exercise $770,540 +15,875 +5.4% $48.54 311,525 05 Feb 2024 Direct
transaction IRM Common Stock, par value $.01 per share Sale -$1,083,310 -15,875 -5.1% $68.24 295,650 05 Feb 2024 Direct
transaction IRM Common Stock, par value $.01 per share Options Exercise $770,540 +15,875 +5.4% $48.54 311,525 06 Feb 2024 Direct
transaction IRM Common Stock, par value $.01 per share Sale -$1,086,167 -15,875 -5.1% $68.42 295,650 06 Feb 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 -$770,540 -15,875 -5% $48.54 301,622 05 Feb 2024 Common Stock 15,875 $48.54 Direct F1
transaction IRM Employee Stock Option (Right to Buy) Options Exercise -$770,540 -15,875 -5.3% $48.54 285,747 06 Feb 2024 Common Stock 15,875 $48.54 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, representing a right to purchase a total of 349,247 shares, is fully vested.