Humberto P. Alfonso - Jun 1, 2022 Form 4 Insider Report for Information Services Group Inc. (III)

Role
EVP & CFO
Signature
/s/ Humberto P. Alfonso, Attorney-in-Fact
Stock symbol
III
Transactions as of
Jun 1, 2022
Transactions value $
$262,503
Form type
4
Date filed
6/3/2022, 04:58 PM
Previous filing
May 9, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction III Shares of Common Stock Award $263K +39.7K +18.42% $6.62 255K Jun 1, 2022 Direct F1, 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 +13.2K $0.00 13.2K Jun 1, 2022 Common Stock 13.2K 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 Includes 2,123 shares acquired under the Information Services Group, Inc. Amended and Restated 2007 Employee Stock Purchase Plan.
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.