MICHAEL P. CONNORS - 28 Aug 2023 Form 4 Insider Report for Information Services Group Inc. (III)

Signature
/s/ Michael A. Sherrick, Attorney-in-Fact
Issuer symbol
III
Transactions as of
28 Aug 2023
Net transactions value
-$250,000
Form type
4
Filing time
30 Aug 2023, 17:11:04 UTC
Previous filing
25 Aug 2023
Next filing
06 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction III Shares of Common Stock Sale $32,945 -6,589 -0.13% $5.00 5,256,453 28 Aug 2023 Direct F1
transaction III Shares of Common Stock Sale $217,055 -43,411 -0.83% $5.00 5,213,042 29 Aug 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale is pursuant to a written stock selling plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, which was previously disclosed in the Issuer's Current Report on Form 8-K filed on March 21, 2023.