HALVORSEN KRIS 4
4 · IRON MOUNTAIN INC · Filed Jan 5, 2021
Insider Transaction Report
Form 4
HALVORSEN KRIS
Director
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
[F1]2021-01-04+1,843.17→ 32,525.17 total - Disposition to Issuer
Common Stock, par value $.01 per share
[F2]2021-01-04$28.66/sh−0.17$5→ 32,525 total - Exercise/Conversion
Phantom Stock
[F1][F3][F4]2021-01-04−1,843.17→ 36,536.613 total→ Common Stock (1,843.17 underlying)
Footnotes (4)
- [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 ("Phantom Shares") are 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.
- [F2]Represents the fraction of a share of Common Stock otherwise issuable to the Reporting Person for which cash was paid in lieu of the issuance of a fractional share of Common Stock, based on the closing price of Common Stock on the New York Stock Exchange on the transaction date.
- [F3]Settlement of the Phantom Shares is in an equivalent number of whole shares of Common Stock and cash in lieu of the issuance of a fractional 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.
Signature
/s/ Elizabeth Tammaro, under Power of Attorney dated May 26, 2016, from Per-Kristian Halvorsen|2021-01-05