Information Services Group Inc. — Director's Dealing 2009

Mar 11, 2009

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Information Services Group Inc. (III)
CIK: 0001371489
Period of Report: 2008-11-16

Reporting Person: MCP GP II, Inc. (10% Owner)
Reporting Person: Monitor Clipper Partners II, L.P. (10% Owner)
Reporting Person: MONITOR CLIPPER EQUITY PARTNERS II LP (10% Owner)
Reporting Person: MCP-TPI Holdings, LLC (10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Warrants, $0.001 par value per share	$9.18	2012-11-16	Common Stock (5000000)		Indirect

Footnotes

F1: Represents the right to acquire 5,000,000 shares of Common Stock of Information Services Group, Inc. (the "Warrant Shares") by MCP-TPI Holdings, LLC ("MCP-TPI") pursuant to a Common Stock Purchase Warrant dated November 16, 2007 issued by Information Services Group, Inc. ("ISG") to MCP-TPI, as amended from time to time (the "Warrant"). The initial exercise price for the Warrant Shares is $9.18 per share, as adjusted from time to time in accordance with the terms of the Warrant.

F2: MCP GP II, Inc. ("MCP GP") is the general partner of Monitor Clipper Partners II, L.P. ("MCP"), which is the general partner of Monitor Clipper Equity Partners II, L.P. ("MCEP"), which holds a majority of the voting interests in MCP-TPI. By virtue of these relationships, each of MCP GP, MCP and MCEP may be deemed to share voting and dispositive power with respect to the Warrant Shares. Each of MCP GP, MCP and MCEP expressly disclaims beneficial ownership of any securities owned beneficially or of record by any person or persons other than itself for purposes of Section 13(d)(3) and Rule 13d-3 of the Securities Exchange Act of 1934 and expressly disclaims beneficial ownership of any such securities except to the extent of its pecuniary interest therein.