IRON MOUNTAIN INC — Director's Dealing 2011

Jul 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IRON MOUNTAIN INC (IRM)
CIK: 0001020569
Period of Report: 2011-07-11

Reporting Person: RYAN VINCENT J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-11	Common Stock, par value, $.01 per share	G	206436	—	Disposed	0	Indirect
2011-07-11	Common Stock, par value, $.01 per share	G	206436	—	Acquired	6406011	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-11	Phantom Stock	$	A	467	Acquired		Common Stock (467)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value, $.01 per share	26611	Direct
Common Stock, par value, $.01 per share	130180	Indirect
Common Stock, par value, $.01 per share	9234256	Indirect

Footnotes

F1: Gift of 206,436 shares on July 11, 2011, from the Carla E. Myer Revocable Trust, dated December 7, 2001 (the "2001 Carla E. Meyer Trust") to the Vincent J. Ryan Revocable Trust, dated December 24, 1987.

F2: Shares held in the 2001 Carla E. Meyer Trust.

F3: Shares held in the Vincent J. Ryan Revocable Trust, dated December 24, 1987.

F4: Shares held in the Carla E. Meyer Three-Year Retained Annuity Trust, dated October 29, 2008.

F5: Shares held by Schooner Capital Corporation.

F6: Pursuant to Mr. Ryan's election to participate in the Iron Mountain Incorporated Directors Deferred Compensation Plan, the shares of phantom stock become payable in shares of common stock following Mr. Ryan's disability or cessation of service as a director. Each share of phantom stock is the economic equivalent of one share of common stock.