Employee Stock Purchase Plan

Full-time Mountaineers can share in Iron Mountain’s success by enrolling in the Employee Stock Purchase Plan (ESPP). The ESPP is a great way for you to be an employee owner at a discount!

How it works:

The ESPP allows you to purchase Company stock at a discounted rate. 

You make contributions to your ESPP account through post-tax payroll deductions each pay period. Those accumulated contributions are then used to buy Company stock shares at the purchase date. Once the purchase date occurs, you officially own the shares. You may then hold on to the shares or sell them at any time. 

At Iron Mountain, we have two offering periods that run June 1 through November 30 and December 1 through May 31. During these offering periods, you can accumulate payroll contributions into your ESPP account. At the end of each period, your accumulated contributions will be used to purchase Company stock, which you then own.

Contributions

You can make after-tax contributions of up to 15% of your paycheck each pay period, which will be credited to your ESPP account on your behalf. You are 100% vested in your contributions, which means they belong to you immediately.

You can only begin or increase contributions during ESPP Open Enrollment in May or November. However, you can decrease your contributions any time. If you wish to cancel your contributions, you must do so no later than 21 days prior to the purchase of stock. 

Selling your shares

Shares may not be transferred from Fidelity to another broker until the end of the disqualifying period. There may be tax implications if you sell shares. Contact a tax advisor for more information.

Eligibility: All full-time Mountaineers who have worked at Iron Mountain for six months, and who are scheduled to work at least five months per year. 

What it costs: Company stock is offered at a discounted rate, but stock prices fluctuate daily. Contact Fidelity to learn the current rate. 

 Get started: To get an Iron Mountain stock quote and participate in the ESPP, visit our investor website or Fidelity’s website, or call Fidelity at 800-544-9354. You can only enroll during May or November.