Filing Details

Accession Number:
0001104659-19-044054
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-05 20:54:04
Reporting Period:
2019-08-01
Accepted Time:
2019-08-05 20:54:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1371489 Information Services Group Inc. III Services-Management Consulting Services (8742) 205261587
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1473353 E. David Berger 2187 Atlantic St
Stamford CT 06902
Evp & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Shares Of Common Stock Acquisiton 2019-08-01 77,491 $0.00 786,445 No 4 A Direct
Shares Of Common Stock Disposition 2019-08-02 4,856 $2.64 781,589 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance-based RSUs Acquisiton 2019-08-01 25,830 $0.00 25,830 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25,830 2019-08-15 2023-08-01 No 4 A Direct
Footnotes
  1. 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 August 1, 2019.
  2. Includes 507 shares acquired under the Information Services Group, Inc. Amended and Restated 2007 Employee Stock Purchase Plan.
  3. Represents a sale of shares of common stock to satisfy tax obligations in connection with vesting of restricted stock units.
  4. Price reflected is the weighted-average selling price for shares sold. The range of the selling prices for the transactions reported was $2.60 to $2.71 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
  5. Represents a grant of RSUs that may be earned based on achievement of market price goals, which will be measured as the average closing price of the Issuer's common stock over any consecutive ten-trading-day period prior to and including the fourth anniversary of the date of grant. 100% of the number of RSUs reported above will be earned if the measured market price is $6 or above. Unearned RSUs will be canceled. 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.