0001415889-24-015493.txt : 20240604
0001415889-24-015493.hdr.sgml : 20240604
20240604191229
ACCESSION NUMBER: 0001415889-24-015493
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240601
FILED AS OF DATE: 20240604
DATE AS OF CHANGE: 20240604
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CONNORS MICHAEL P
CENTRAL INDEX KEY: 0001249201
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33287
FILM NUMBER: 241020163
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Information Services Group Inc.
CENTRAL INDEX KEY: 0001371489
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742]
ORGANIZATION NAME: 07 Trade & Services
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
form4-06042024_110626.xml
X0508
4
2024-06-01
0001371489
Information Services Group Inc.
III
0001249201
CONNORS MICHAEL P
2187 ATLANTIC STREET
STAMFORD
CT
06902
true
true
true
false
CHAIRMAN & CEO
0
Shares of Common Stock
2024-06-01
4
F
0
38960
3.19
D
5331488
D
Shares of Common Stock
2024-06-03
4
A
0
158730
3.15
A
5490218
D
Performance Based RSUs
2024-06-03
4
A
0
571429
0
A
2027-06-03
Common Stock
571429
571429
D
Represents deemed disposition of shares of common stock to the Issuer as a result of withholding of shares of common stock to satisfy tax withholding obligations in connection with vesting of RSUs issued in accordance with Rule 16b-3.
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 achievement of certain market price goals, which will be measured at the average closing price of the issuer's common stock over the forty five-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 $6.00, 75% of the RSUs will be earned if the measured market price is $7.00 and 100% of the RSUs will be earned if the measured market price is $8.00 or above, with interpolation of the number of earned RSUs between these share price points. In addition, if the measured market price meets or exceeds $8.00 at any time before and including the third anniversary of the award, 100% of the RSUs will be earned. Unearned RSUs will be cancelled. 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.
/s/ Michael A. Sherrick, Attorney-in-Fact
2024-06-04