4//SEC Filing
CONNORS MICHAEL P 4
Accession 0001415889-25-015688
CIK 0001371489other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 8:05 PM ET
Size
9.7 KB
Accession
0001415889-25-015688
Insider Transaction Report
Form 4
CONNORS MICHAEL P
DirectorChairman and CEO10% Owner
Transactions
- Tax Payment
Shares of Common Stock
2025-06-01$4.72/sh−58,528$276,252→ 5,430,212 total - Award
Shares of Common Stock
2025-06-02$4.83/sh+103,520$500,002→ 5,533,732 total - Award
Performance Based RSUs
2025-06-02+372,670→ 372,670 totalExp: 2028-06-02→ Common Stock (372,670 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 RSUs issued in accordance with Rule 16b-3.
- [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 in 4 equal installments on each of the first, second, third and fourth anniversaries of June 2, 2025.
- [F3]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-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 $5.00, 75% of the RSUs will be earned if the measured market price is $6.00 and 100% of the RSUs will be earned if the measured market price is $7.00 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 $7.00 at any time before and including the third anniversary of the award, 100% of the RSUs will be earned. 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.
Documents
Issuer
Information Services Group Inc.
CIK 0001371489
Entity typeother
Related Parties
1- filerCIK 0001249201
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 8:05 PM ET
- Size
- 9.7 KB