Day Andrew 4
4 · Internap Corp · Filed Mar 21, 2018
Insider Transaction Report
Form 4
Internap CorpINAP
Day Andrew
SVP and General Manager
Transactions
- Tax Payment
Common Stock
2018-03-19$12.54/sh−953$11,951→ 39,854 total - Award
Common Stock
2018-03-19+17,498→ 40,807 total
Footnotes (3)
- [F1]Of the total grant, one-half of the shares of restricted stock are subject to time-based vesting (in three year annual increments), and one-half of the shares of restricted stock are subject to performance-based vesting based on the Registrant achieving specific 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 the Registrant, 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.
- [F3]Shares of common stock withheld by Issuer to satisfy minimum statutory tax obligations on vesting of restricted stock.