4//SEC Filing
Berger David E. 4
Accession 0001104659-21-070556
CIK 0001371489other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 5:01 PM ET
Size
7.8 KB
Accession
0001104659-21-070556
Insider Transaction Report
Form 4
Berger David E.
Executive VP and CFO
Transactions
- Tax Payment
Shares of Common Stock
2021-05-19$5.58/sh−17,876$99,748→ 880,996 total - Exercise/Conversion
Performance Based RSUs
2021-05-19+34,146→ 0 totalFrom: 2021-05-19Exp: 2024-09-01→ Common Stock (34,146 underlying)
Footnotes (3)
- [F1]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 restricted stock units issued in accordance with Rule 16b-3.
- [F2]Includes 363 shares acquired under the Information Services Group, Inc. Amended and Restated 2007 Employee Stock Purchase Plan.
- [F3]On September 1, 2020, the Reporting Person received a grant of RSUs that could be earned based on achievement of market price goals, which were measured at the average closing price of the Issuer's common stock over any consecutive ten-trading-day period prior to and including the fourth anniversary of the date of grant. 100% of the number of RSUs would be earned if such measured market price was $5.25 or above. On May 19, 2021, the market price goal was satisfied and the Issuer's common stock traded 172% higher as compared to the date of the grant. Once the market price goal was satisfied, the RSUs were fully vested.
Documents
Issuer
Information Services Group Inc.
CIK 0001371489
Entity typeother
Related Parties
1- filerCIK 0001473353
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 5:01 PM ET
- Size
- 7.8 KB