Todd D. Lavieri - Aug 10, 2021 Form 4 Insider Report for Information Services Group Inc. (III)

Role: Vice Chairman
Signature: Humberto P. Alfonso, as attorney-in-fact
Stock symbol: III
Transactions as of: Aug 10, 2021
Transactions value $: -$105,324
Form type: 4
Date filed: 8/12/2021, 04:15 PM
Previous filing: Aug 3, 2021
Next filing: Sep 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	III	Shares of Common Stock	Options Exercise		+34.6K	+3.71%		968K	Aug 10, 2021	Direct	F2
transaction	III	Shares of Common Stock	Tax liability	-$105K	-16K	-1.66%	$6.57	952K	Aug 10, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	III	Performance Based RSUs	Options Exercise	$0	+34.6K		$0.00^*	0	Aug 10, 2021	Common Stock	0		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents deemed disposition of shares of common stock to the Issuer as a result of withholding of shares of common stock to satisfy tax withholding obligations in connection with vesting of restricted stock units issued in accordance with Rule 16b-3.
F2	On August 1, 2019, the Reporting Person received a grant of RSUs that could be earned based on achievement of market price goals, which were measured at the average closing price of the Issuer's common stock over any consecutive ten-trading-day period prior to and including the fourth anniversary of the date of grant. 100% of the number of RSUs would be earned if such measured market price was $6.00 or above. On August 10, 2021, the market price goal was satisfied and the Issuer's common stock traded 142% higher as compared to the date of the grant. Once the market price goal was satisfied, the RSUs were fully vested.

Content

Represents deemed disposition of shares of common stock to the Issuer as a result of withholding of shares of common stock to satisfy tax withholding obligations in connection with vesting of restricted stock units issued in accordance with Rule 16b-3.

On August 1, 2019, the Reporting Person received a grant of RSUs that could be earned based on achievement of market price goals, which were measured at the average closing price of the Issuer's common stock over any consecutive ten-trading-day period prior to and including the fourth anniversary of the date of grant. 100% of the number of RSUs would be earned if such measured market price was $6.00 or above. On August 10, 2021, the market price goal was satisfied and the Issuer's common stock traded 142% higher as compared to the date of the grant. Once the market price goal was satisfied, the RSUs were fully vested.