Form 4 for IRM Iron Mountain
Accepted 2023-01-05 00:00:00 ET · period of report 2023-01-03 · accession 0001020569-23-000004 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-05 | 2023-01-03 | IRM | Matlock Robin | Dir | M - OptEx | $0.00 | +885.39 | 19.8K | +5% | $0 |
| D | 2023-01-05 | 2023-01-03 | IRM | Matlock Robin | Dir | D - Sale to Iss | $49.87 | -885.39 | 18.9K | -4% | -$44.2K |
| D | 2023-01-05 | 2023-01-03 | IRM | Matlock Robin | Dir | M - OptEx | $49.87 | -885.39 | 2,657 | -25% | -$44.2K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $.01 per share | 2023-01-03 | M | A | 885.39 | $0.00 | 19,795.39 | D | — | — | (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. |
| 2 | Common | Common Stock, par value $.01 per share | 2023-01-03 | D | D | 885.39 | $49.87 | 18,910 | D | — | — | (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. |
| 3 | Derivative | Phantom Stock | 2023-01-03 | M | D | 885.39 | $49.87 | 2,657.38 | D | — · — to — | 885.39 Common Stock | (F3) Settlement of the Phantom Shares is in cash. (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. (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. |