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):

May 17, 2011
 


Internap Network Services Corporation
(Exact Name of Registrant as Specified in Charter)
 


Delaware
(State or Other Jurisdiction
of Incorporation)
 
000-27265
(Commission File Number)
 
91-2145721
(IRS Employer
Identification Number)

250 Williams Street, Atlanta, Georgia
(Address of Principal Executive Offices)
 
30303
(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 Securities Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Securities Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Securities Act (17 CFR 240.13e-2(c))

 
 

 
 
Item 8.01
Other Events.

On May 17, 2011, 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 up to 15,000 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 June 17, 2011. The Rule 10b5-1 Plan terminates on May 17, 2012.

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 policies 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 and Form 144 filings with the Securities and Exchange Commission.

 
  
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
INTERNAP NETWORK SERVICES CORPORATION
 
 
       
Date: May 19, 2011
By:        
/s/ J. Eric Cooney
 
   
J. Eric Cooney
 
   
Chief Executive Officer