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INAP > SEC Filings for INAP > Form 8-K on 18-Mar-2013All Recent SEC Filings

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Form 8-K for INTERNAP NETWORK SERVICES CORP


18-Mar-2013

Other Events


Item 8.01 Other Events.

On March 14, 2013, Charles B. Coe, a director of Internap Network Services Corporation (the "Company"), established a Rule 10b5-1trading plan (the "Rule 10b5-1 Plan"), pursuant to which he may sell a specified number of shares of the Company's common stock if the price of the Company's common stock achieves a specified level, which is at a premium to the price of the Company's common stock on the date the Rule 10b5-1 Plan was established. Sales under the Rule 10b5-1 Plan will commence no earlier than April 15, 2013. The Rule 10b5-1 Plan terminates on April 15, 2014.

The Rule 10b5-1 Plan described above is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, and the Company's policy regarding transactions in its securities. Under Rule 10b5-1, directors, officers and other employees who are not in possession of material non-public information may adopt a pre-arranged plan or contract for the sale of the Company's securities under specified conditions and at specified times. Any stock transactions under the Rule 10b5-1 Plan will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission.

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