SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Herren Christine

(Last) (First) (Middle)
1210 SUNSET HILLS RD.
SUITE 330

(Street)
RESTON VA 20190

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/31/2019
3. Issuer Name and Ticker or Trading Symbol
Internap Corp [ INAP ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Accounting & Controller
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.001 par value per share(1)(2)(3) 24,410 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Reporting Person received three grants of restricted common stock: (i) on June 21, 2017, 4,390 shares of restricted common stock, 2,195 shares subject to time-based vesting (in three year annual increments), 2,195 shares subject to performance-based vesting based on the Issuer achieving specified financial performance targets; (i) on March 19, 2018, 5,842 shares of restricted common stock, 2,921 shares subject to time-based vesting (in three year annual increments), 2,921 shares subject to performance-based vesting based on the Issuer achieving specified financial performance targets; and (iii) on March 21, 2019, 15,918 shares of restricted common stock, 7,959 shares subject to time-based vesting (in three year annual increments), 7,959 shares subject to performance-based vesting based on the Issuer achieving specified financial performance targets.
2. The performance-based shares will vest in three year annual increments subject to achievement of the performance targets. Vesting of the shares of restricted common stock are conditioned upon continued employment with the Issuer, and are subject to acceleration upon certain events. 1,740 shares of common stock were withheld by Issuer to satisfy minimum statutory tax obligations on vesting of restricted stock.
3. 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.
Remarks:
/s/ Andrea L. Mancuso, by Power of Attorney 09/04/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.