-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Fx4X702o43/z8ouOTF06IJrEuKe9vCshIyjeLWazGPgtFQ5aRGIcQjaarR29Usg6 MmP9DmwkQNfalR4OSptdIw== 0001188112-07-002615.txt : 20070822 0001188112-07-002615.hdr.sgml : 20070822 20070822170958 ACCESSION NUMBER: 0001188112-07-002615 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070821 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070822 DATE AS OF CHANGE: 20070822 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNAP NETWORK SERVICES CORP CENTRAL INDEX KEY: 0001056386 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 912145721 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31989 FILM NUMBER: 071073693 BUSINESS ADDRESS: STREET 1: 250 WILLIAMS STREET STREET 2: SUITE E100 CITY: ATLANTA STATE: GA ZIP: 30303 BUSINESS PHONE: 404-302-9700 MAIL ADDRESS: STREET 1: 250 WILLIAMS STREET STREET 2: SUITE E100 CITY: ATLANTA STATE: GA ZIP: 30303 FORMER COMPANY: FORMER CONFORMED NAME: INTERNAP NETWORK SERVICES CORP/WA DATE OF NAME CHANGE: 19990721 8-K 1 t15389_8k.htm CURRENT REPORT ON FORM 8-K t15389_8k.htm
 


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 

 
FORM 8-K
 


CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported):

August 21, 2007
 

 
Internap Network Services Corporation
(Exact name of registrant as specified in its charter)
 


 
 
 
 
 
Delaware
 
000-27265
 
91-2145721
(State or other jurisdiction
of incorporation)
 
 
(Commission File Number)
 
(IRS Employer
Identification Number)
 
 
 
 
 
250 Williams Street, Atlanta, GA
 
30303
(Address of principal executive offices)
 
(Zip Code)
 
Registrant’s telephone number, including area code: (404) 302-9700
 
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
(d)    Effective August 21, 2007, the Board of Directors, or the Board, of Internap Network Services Corporation, or the Company, elected Gary M. Pfeiffer to fill the vacancy created by the resignation of Fredric Harman. Mr. Pfeiffer will serve as a member of the audit committee.
 
No arrangements or understandings exist between Mr. Pfeiffer and any other person pursuant to which Mr. Pfeiffer was selected as a director. No transactions exist in which the Company or any subsidiary of the Company is a party and in which Mr. Pfeiffer has a material interest subject to disclosure under Item 404(a) of Regulation S-K.

Mr. Pfeiffer will receive an initial stock grant of 12,500 restricted stock units in accordance with the Company’s compensation policy for non-employee directors, as described more fully in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on January 24, 2007. These units vest ratably over three years subject to the terms of the stock grant agreement and stock plan under which the units are granted and Mr. Pfeiffer’s continued standing as a member of the Board. In addition, Mr. Pfeiffer will receive an annual grant of 2,500 restricted stock units and an option to purchase 5,000 shares. Mr. Pfeiffer’s cash compensation will include an annual retainer of $20,000, which is paid quarterly, and members of the audit committee receive an annual retainer of $5,000. Mr. Pfeiffer’s cash compensation will also include a meeting attendance fee of $1,500 per Board meeting attended in person and $750 per Board meeting attended via teleconference. Additionally, Mr. Pfeiffer will receive an attendance fee of $1,000 for each committee meeting attended in person and $500 for each committee meeting attended via teleconference.
 
The Company will indemnify Mr. Pfeiffer against any actions brought against him in his capacity as a director. Additionally, Mr. Pfeiffer will be covered by the Company’s Directors and Officers insurance coverage.
 
Item 8.01 Other Events. 
 
On August 22, 2007, the Company issued a press release announcing the election of Gary M. Pfeiffer to the Company’s Board of Directors. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference in its entirety.
 
Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 
 
 
Exhibit No.
 
Description
 
 
 
99.1
 
Press Release dated August 22, 2007.
     

 
 
 

2



 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



 
 
 
INTERNAP NETWORK SERVICES CORPORATION
Date: August 22, 2007
 
 
 
 
By:           /s/ David A. Buckel                                                
 
                                  David A. Buckel, Chief Financial Officer
 
 
 
 
 
 
 
 

 

 

3



EXHIBIT INDEX 
 
 
99.1
Press Release dated August 22, 2007.
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
4
EX-99.1 2 ex99-1.htm EXHIBIT 99.1 Exhibit 99.1
Exhibit 99.1



 

Gary M. Pfeiffer, Former CFO of E.I. du Pont de Nemours and Company, Appointed to the Board of Directors of Internap

 
ATLANTA, GA - August 22, 2007 — Chairman of Internap Network Services Corporation (NASDAQ:INAP), Dr. Eugene Eidenberg, today announced that Gary M. Pfeiffer has been appointed to the internet solutions provider’s Board of Directors. Mr. Pfeiffer will also serve on Internap’s Audit Committee. With this appointment, the number of members on Internap’s Board of Directors will increase to eight. Mr. Pfeiffer qualifies as independent director in accordance with applicable independence requirements of both the Securities and Exchange Commission and NASDAQ.
 
Mr. Pfeiffer, 57, joined Delaware-based E. I. du Pont de Nemours and Company, in 1974, where he held numerous positions in finance and international operations in several DuPont divisions. He served as Senior Vice President and Chief Financial Officer of the company from 1997 to 2006. Currently a member of the Board of Directors of The Talbots, Inc., Mr. Pfeiffer serves as Presiding Director, Chairperson of the Compensation Committee, and is also a member of the Audit Committee. He also serves as a Director of Quest Diagnostics, Inc. where he also is a member of the Audit and Finance Committee, Compensation Committee, Governance Committee and Executive Committee.

“Mr. Pfeiffer is a highly skilled executive, with extensive and wide-ranging financial, operational and strategic experience. Internap’s ability to attract world-class executives to its management team and Board is an indication of our progress in the market, and we believe Gary will be a significant contributor to the strategic direction of the company moving forward,” said James DeBlasio, President and Chief Executive Officer of Internap.
 
About Internap
Internap is a leading Internet solutions provider that manages, delivers and distributes applications and content with unsurpassed performance and reliability. With a global platform of data centers, managed IP services, content delivery network, and content monetization services (CDN), Internap frees its customers to drive innovation inside their business and create new revenue opportunities. More than 3,000 companies across the globe trust Internap to help them achieve their Internet business goals. Internap is "Making Innovation Possible." For more information visit www.internap.com.
 
###

Contact:

Press Contact:
Investor Contact:
Katie Eakins / Wanda Soler
Andrew Albrecht
(619) 516-2559
(404) 302-9841
internap@lewispr.com
aalbrecht@internap.com
 

 
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