13G Filing: Park West Asset Management and Internap Corp (INAP)

Page 2 of 9 – SEC Filing

CUSIP No.  45885A300
(1) Names of Reporting Persons
Park West Asset Management LLC
(2) Check the Appropriate Box if a Member of a Group (a) [    ]
(b) [    ]
(3) SEC Use Only
(4) Citizenship or Place of Organization
Delaware
Number of Shares Beneficially Owned By Each Reporting Person With
(5) Sole Voting Power: 7,571,729*
(6) Shared Voting Power:
(7) Sole Dispositive Power: 7,571,729*
(8) Shared Dispositive Power:
   
(9) Aggregate Amount Beneficially Owned by Each Reporting Person
7,571,729*
(10) Check if the Aggregate Amount  in Row (9) Excludes Certain Shares (See Instructions):
[    ]
(11) Percent of Class Represented by Amount in Row (9)
9.1%*
(12) Type of Reporting Person
IA

* Beneficial
ownership percentage is based upon 83,303,972 shares of common stock, $0.001 par value per share (“Common
Stock”), of Internap Corporation, a Delaware corporation (the “Company”), issued and outstanding as of July
20, 2017, based on information reported by the Company in its Quarterly Report on Form 10-Q filed with the Securities and Exchange
Commission on August 3, 2017. Park West Asset Management LLC (“PWAM”) is the investment manager to Park West Investors
Master Fund, Limited, a Cayman Islands exempted company (“PWIMF”), and Park West Partners International, Limited,
a Cayman Islands exempted company (“PWPI” and, collectively with PWIMF, the “PW Funds”), and Peter S.
Park (“Mr. Park” and, collectively with PWAM and PWIMF, the “Reporting Persons”) is the sole member and
manager of PWAM. As of the date hereof, PWIMF held 6,718,887 shares of Common Stock of the Company and PWPI held 852,842 shares
of Common Stock of the Company. As a result of the foregoing, for purposes of Reg. Section 240.13d-3, PWAM and Mr. Park may be
deemed to beneficially own the 7,571,729 shares of Common Stock of the Company held in the aggregate by the PW Funds, or approximately
9.1% of the shares of Common Stock of the Company deemed to be issued and outstanding as of August 9, 2017.

  

Follow Internap Corp (NASDAQ:INAP)