Sherrick Michael A. 4
4 · Information Services Group Inc. · Filed Sep 6, 2023
Insider Transaction Report
Form 4
Sherrick Michael A.
EVP & CHIEF FINANCIAL OFFICER
Transactions
- Award
Performance Based RSUs
2023-09-01+17,191→ 17,191 totalExp: 2027-09-01→ Common Stock (17,191 underlying) - Award
Shares of Common Stock
2023-09-01$5.09/sh+51,572$262,501→ 90,132 total - Award
Shares of Common Stock
2023-09-01$5.09/sh+100,000$509,000→ 190,132 total - Award
Share of Common Stock
2023-09-01$5.09/sh+19,646$99,998→ 209,778 total
Footnotes (4)
- [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 September 1, 2023.
- [F2]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 on of September 1, 2026.
- [F3]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 on September 1, 2024.
- [F4]Represents a grant of RSUs that may be earned based on the achievement of market price goals, which will be measured at the average closing price of ISGs common stock over any ten consecutive trading day period beginning with the first anniversary of the award. 100% of the number of RSUs will be earned if the measured market price is $7.00 or above. If this measured market price is not achieved by the fourth anniversary of the award, these RSUs will be forfeited.