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IRON MOUNTAIN INC Director's Dealing 2023

Feb 27, 2023

30157_dirs_2023-02-27_43a47029-b971-4c54-9cfc-7a9f41de697b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IRON MOUNTAIN INC (IRM)
CIK: 0001020569
Period of Report: 2023-02-23

Reporting Person: Hytinen Barry (EVP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-02-23 Common Stock, par value $.01 per share M 40884 Acquired 107680 Direct
2023-02-23 Common Stock, par value $.01 per share F 17927 $52.77 Disposed 89753 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-02-23 Performance Units $ A 40884 Acquired Common Stock (40884.0) Direct
2023-02-23 Performance Units $ M 40884 Disposed Common Stock (40884.0) Direct

Footnotes

F1: This acquisition is reported to reflect the full vesting of performance units ("PUs") previously granted to the Reporting Person on February 19, 2020. Effective February 23, 2023, the Compensation Committee of Iron Mountain Incorporated's Board of Directors (the "Compensation Committee") determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs vested in full on February 23, 2023.

F2: Each PU represents a contingent right to receive one share of Iron Mountain Incorporated common stock ("Common Stock").

F3: The PUs were initially granted to the Reporting Person on February 19, 2020. This Form 4 is being filed to reflect the determination by the Compensation Committee, effective as of February 23, 2023, of the actual award of PUs under the grant after completion of the relevant performance period.

F4: The PUs were initially granted to the Reporting Person on February 19, 2020 and fully vested on February 23, 2023.

F5: The PUs were initially granted to the Reporting Person on February 19, 2020. Effective February 23, 2023, the Compensation Committee determined the actual award of PUs under the grant after completion of the relevant performance period, and the PUs vested in full on February 23, 2023.