Information Services Group Inc. — Director's Dealing 2019

Aug 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Information Services Group Inc. (III)
CIK: 0001371489
Period of Report: 2019-08-01

Reporting Person: CONNORS MICHAEL P (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-01	Shares of Common Stock	A	295203	—	Acquired	5112623	Direct
2019-08-02	Shares of Common Stock	S	10750	$2.64	Disposed	5101873	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-01	Performance-based RSUs	$	A	295202	Acquired	2022-08-01	Common Stock (295202)	Direct

Footnotes

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 August 1, 2019.

F2: Represents a sale of shares of common stock to satisfy tax obligations in connection with vesting of restricted stock units.

F3: 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.

F4: 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 the ten-trading-day period prior to and including the third anniversary of the date of grant. 50% of the number of RSUs reported above will be earned if the measured market price is $6 and 100% of the RSUs will be earned if the measured market price is $8 or above, with straight-line interpolation of the number of earned RSUs if the measured market price is between $6 and $8. 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.