Todd D. Lavieri - 01 Jun 2022 Form 4 Insider Report for Information Services Group Inc. (III)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jun 2022, 16:54:56 UTC
Prior SEC filing
17 Mar 2022
Next SEC filing
03 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Humberto P. Alfonso, Attorney-in-Fact

Key filing fact

Todd D. Lavieri filed Form 4 for Information Services Group Inc. (III) on 03 Jun 2022.

Key facts

  • This page summarizes Todd D. Lavieri's Form 4 filing for Information Services Group Inc. (III).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Jun 2022, 16:54.

Change

  • Previous filing in this sequence was filed on 17 Mar 2022.
  • Current net transaction value: +$270,215.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

III transaction

Shares of Common Stock

Award

Transaction value
$356,249
Shares
+53,814
Change %
+6.1%
Price
$6.62
Shares after
933,252
Date
01 Jun 2022
Ownership
Direct
Footnotes
F1, F2
III transaction

Shares of Common Stock

Tax liability

Transaction value
$86,034
Shares
-12,996
Change %
-1.4%
Price
$6.62
Shares after
920,256
Date
01 Jun 2022
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

III transaction Derivative

Performance Based RSUs

Award

Transaction value
$0
Shares
+17,938
Change %
Price
$0.000000
Shares after
17,938
Date
01 Jun 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
17,938
Exercise price
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

Includes 530 shares acquired under the Information Services Group, Inc. Amended and Restated 2007 Employee Stock Purchase Plan.

Footnote F3

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.

Footnote F4

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.

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