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.