Home/Filings/4/0001209191-16-101549
4//SEC Filing

Internap Corp 4

Accession 0001209191-16-101549

CIK 0001056386operating

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 6:14 PM ET

Size

12.5 KB

Accession

0001209191-16-101549

Insider Transaction Report

Form 4
Period: 2016-02-20
Transactions
  • Award

    Restricted Common Stock

    2016-02-22+34,605150,132 total
  • Award

    Stock Option (right to buy)

    2016-02-22+102,857102,857 total
    Exercise: $2.00Exp: 2026-02-21Common Stock (102,857 underlying)
  • Tax Payment

    Restricted Common Stock

    2016-02-21$2.11/sh1,606$3,389115,527 total
  • Award

    Restricted Common Stock

    2016-02-22+38,661188,793 total
  • Tax Payment

    Restricted Common Stock

    2016-02-20$2.11/sh1,912$4,034117,133 total
Footnotes (5)
  • [F1]Shares withheld to satisfy minimum statutory tax obligations on vesting of restricted stock.
  • [F2]The shares of restricted stock shall vest annually in four equal installments beginning on the first anniversary of the grant date.
  • [F3]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.
  • [F4]The shares of restricted stock shall vest in three installments: 30% will vest on August 30, 2016, 30% will vest on February 28, 2017 and 40% will vest on August 30, 2017.
  • [F5]The options shall vest as follows: 25% on the first anniversary of the grant date and in 36 equal monthly installments thereafter.

Issuer

Internap Corp

CIK 0001056386

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001056386

Filing Metadata

Form type
4
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 6:14 PM ET
Size
12.5 KB