William Meaney - 10 Dec 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
10 Dec 2024
Transactions value $
-$3,604,874
Form type
4
Filing time
12 Dec 2024, 20:31:02 UTC
Previous filing
12 Nov 2024
Next filing
03 Jan 2025

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 $48.54 15,875 10 Dec 2024 Direct
transaction IRM Common Stock, par value $.01 per share Sale -$1,811,496 -15,875 -100% $114.11 0 10 Dec 2024 Direct
transaction IRM Common Stock, par value $.01 per share Options Exercise $770,395 +15,872 $48.54 15,872 11 Dec 2024 Direct
transaction IRM Common Stock, par value $.01 per share Sale -$1,793,377 -15,872 -100% $112.99 0 11 Dec 2024 Direct
holding IRM Common Stock, par value $.01 per share 295,650 10 Dec 2024 By GRAT 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 -$770,540 -15,875 -50% $48.54 15,872 10 Dec 2024 Common Stock 15,875 $48.54 Direct F2
transaction IRM Employee Stock Option (Right to Buy) Options Exercise -$770,395 -15,872 -100% $48.54 0 11 Dec 2024 Common Stock 15,872 $48.54 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 Balance reflects 295,650 shares transferred from the Reporting Person for funding of a Grantor Retained Annuity Trust ("GRAT") on November 29, 2024. This transfer is exempt from Section 16 pursuant to Rule 16a-13.
F2 This stock option, representing a right to purchase a total of 349,247 shares, is fully vested.