Internap Corp 4
4 · Internap Corp · Filed Feb 24, 2015
Insider Transaction Report
Form 4
Internap CorpINAP
Orchard Steven Andrew
SVP, Operations & Support
Transactions
- Tax Payment
Restricted Common Stock
2015-02-24$9.33/sh−817$7,623→ 90,947 total - Tax Payment
Restricted Common Stock
2015-02-21$9.04/sh−1,074$9,709→ 91,764 total - Award
Stock Option (right to buy)
2015-02-20−43,052→ 43,052 totalExercise: $9.04Exp: 2025-02-19→ Common Stock (43,052 underlying) - Award
Restricted Common Stock
2015-02-20+13,216→ 92,838 total
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.