4//SEC Filing
Sherrick Michael A. 4
Accession 0001415889-24-015492
CIK 0001371489other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 7:11 PM ET
Size
7.8 KB
Accession
0001415889-24-015492
Insider Transaction Report
Form 4
Sherrick Michael A.
EVP & CHIEF FINANCIAL OFFICER
Transactions
- Award
Shares of Common Stock
2024-06-03$3.15/sh+83,333$262,499→ 293,111 total - Award
Performance Based RSUs
2024-06-03+27,778→ 27,778 totalExp: 2028-06-03→ Common Stock (27,778 underlying)
Footnotes (2)
- [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 June 1, 2024.
- [F2]Represents a grant of RSUs that may be earned based on the achievement of market price goals, which will be measured as the average closing price of issuer's 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 $6.00 or above. If this measured market price is not achieved by the fourth anniversary of the award, these RSUs will be forfeited. 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.
Documents
Issuer
Information Services Group Inc.
CIK 0001371489
Entity typeother
Related Parties
1- filerCIK 0001989706
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 7:11 PM ET
- Size
- 7.8 KB