Thomas S. Kucinski - Jun 1, 2022 Form 4 Insider Report for Information Services Group Inc. (III)

Role
EVP, CHIEF HR
Signature
/s/ Humberto P. Alfonso, Attorney-in-Fact
Stock symbol
III
Transactions as of
Jun 1, 2022
Transactions value $
$80,632
Form type
4
Date filed
6/3/2022, 04:53 PM
Previous filing
Apr 5, 2022
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction III Shares of Common Stock Award $95K +14.4K +5.73% $6.62 265K Jun 1, 2022 Direct F1
transaction III Shares of Common Stock Tax liability -$14.4K -2.17K -0.82% $6.62 263K Jun 1, 2022 Direct F2

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 Award $0 +4.53K $0.00 4.53K Jun 1, 2022 Common Stock 4.53K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units (RSUs) granted to the reporting person pursuant to the Information Services Group, Inc. Amended and Restated 2007 Equity and Incentive Award Plan, which will vest in 4 equal installments on each of the first, second, third and fourth anniversaries of June 1, 2022.
F2 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.
F3 Award will vest based on the achievement of market price goals, which will be measured as the average closing price of ISGs common stock over any ten consecutive trading day period beginning with the first anniversary of the award. 100% of the number of RSUs will be earned if the measured market price is $9.00 or above. If this measured market price is not achieved by the fourth anniversary of the award, these RSUs will be forfeited.