Thomas S. Kucinski - Jun 1, 2024 Form 4 Insider Report for Information Services Group Inc. (III)

Role
EVP, CHIEF HR
Signature
/s/ Michael A. Sherrick, Attorney-in-Fact
Stock symbol
III
Transactions as of
Jun 1, 2024
Transactions value $
$90,418
Form type
4
Date filed
6/4/2024, 07:10 PM
Previous filing
Apr 3, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction III Shares of Common Stock Tax liability -$22.1K -6.92K -2.54% $3.19 266K Jun 1, 2024 Direct F1
transaction III Shares of Common Stock Award $112K +35.7K +13.45% $3.15 301K Jun 3, 2024 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 +11.9K $0.00 11.9K Jun 3, 2024 Common Stock 11.9K Direct F3
* 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 RSUs issued in accordance with Rule 16b-3.
F2 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, 2024.
F3 Represents a grant of RSUs that may be earned based on the achievement of market price goals, which will be measured as the average closing price of issuer's 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 $6.00 or above. If this measured market price is not achieved by the fourth anniversary of the award, these RSUs will be forfeited. Market price goals are subject to adjustment for stock splits and certain other corporate events. Once determined, any such earned RSUs will be fully vested.