Michael A. Sherrick - Jun 3, 2024 Form 4 Insider Report for Information Services Group Inc. (III)

Role: EVP & CHIEF FINANCIAL OFFICER
Signature: /s/ Michael A. Sherrick, Attorney-in-Fact
Stock symbol: III
Transactions as of: Jun 3, 2024
Transactions value $: $262,499
Form type: 4
Date filed: 6/4/2024, 07:11 PM
Previous filing: Sep 6, 2023
Next filing: Aug 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	III	Shares of Common Stock	Award	$262K	+83.3K	+39.72%	$3.15	293K	Jun 3, 2024	Direct	F1

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	+27.8K		$0.00	27.8K	Jun 3, 2024	Common Stock	27.8K		Direct	F2

* 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, 2024.
F2	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.

Content

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.

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.