INTERNAP NETWORK SERVICES CORP 4
4 · INTERNAP NETWORK SERVICES CORP · Filed Feb 25, 2014
Insider Transaction Report
Form 4
Orchard Steven Andrew
SVP, Operations & Support
Transactions
- Award
Restricted Common Stock
2014-02-21+11,105→ 83,671 total - Tax Payment
Restricted Common Stock
2014-02-24$7.91/sh−817$6,462→ 82,854 total - Award
Stock Option (right to buy)
2014-02-21+55,296→ 55,296 totalExercise: $7.93Exp: 2024-02-20→ Common Stock (55,296 underlying)
Footnotes (4)
- [F1]The shares of restricted stock shall vest annually in four equal installments beginning on the first anniversary of the grant date.
- [F2]The restricted common stock was awarded in an exempt transaction pursuant to Rule 16b-3(d) of the Securities Exchange Act of 1934, as amended.
- [F3]Shares withheld to satisfy minimum statutory tax obligations on vesting of restricted stock.
- [F4]The options shall vest as follows: 25% on the first anniversary of the grant date and in 36 equal monthly installments thereafter.