Internap Corp 4
4 · Internap Corp · Filed Feb 14, 2017
Insider Transaction Report
Form 4
Internap CorpINAP
Ramlall Richard
VP Investor Relations
Transactions
- Award
Restricted Common Stock
2017-02-13+26,677→ 26,667 total
Footnotes (2)
- [F1]Of the total grant, 13,339 shares of restricted stock are subject to time-based vesting (in three year annual increments), 13,338 shares of restricted stock are subject to performance-based vesting based on Internap achieving specified financial performance targets. The performance-based shares will vest in three year annual increments subject to achievement of the performance targets. Vesting of the shares of restricted stock is conditioned upon continued employment with Internap, and is subject to acceleration upon certain events.
- [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.