0001104659-19-044053.txt : 20190805 0001104659-19-044053.hdr.sgml : 20190805 20190805205334 ACCESSION NUMBER: 0001104659-19-044053 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190801 FILED AS OF DATE: 20190805 DATE AS OF CHANGE: 20190805 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CONNORS MICHAEL P CENTRAL INDEX KEY: 0001249201 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33287 FILM NUMBER: 191000214 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Information Services Group Inc. CENTRAL INDEX KEY: 0001371489 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 205261587 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2187 ATLANTIC STREET CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 203-517-3100 MAIL ADDRESS: STREET 1: 2187 ATLANTIC STREET CITY: STAMFORD STATE: CT ZIP: 06902 4 1 a4.xml 4 X0306 4 2019-08-01 0 0001371489 Information Services Group Inc. III 0001249201 CONNORS MICHAEL P 2187 ATLANTIC ST STAMFORD CT 06902 1 1 0 0 Chairman & CEO Shares of Common Stock 2019-08-01 4 A 0 295203 0 A 5112623 D Shares of Common Stock 2019-08-02 4 S 0 10750 2.64 D 5101873 D Performance-based RSUs 2019-08-01 4 A 0 295202 0 A 2022-08-01 2022-08-01 Common Stock 295202 295202 D 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. Represents a sale of shares of common stock to satisfy tax obligations in connection with vesting of restricted stock units. 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. 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. David E. Berger, as attorney-in-fact 2019-08-05