Internap Corp 4
4 · Internap Corp · Filed May 12, 2015
Insider Transaction Report
Form 4
Internap CorpINAP
RUFFOLO MICHAEL
Director
Transactions
- Award
Restricted Common Stock
2015-05-11+300,000→ 371,307 total - Award
Stock Option (right to buy)
2015-05-11+300,000→ 300,000 totalExercise: $9.42Exp: 2025-05-10→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]The shares of restricted stock shall vest as follows: 34% of the grant will vest on the 90th day after the grant date, 33% will vest on the first anniversary of the grant date and 33% will vest on the second 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]The options shall vest as follows: 25% on the first anniversary of the grant date and in 36 equal monthly installments thereafter.