Thomas S. Kucinski - 01 Jun 2023 Form 4 Insider Report for Information Services Group Inc. (III)

Role: EVP, CHIEF HR
Signature: /s/ Humberto P. Alfonso, Attorney-in-Fact
Issuer symbol: III
Transactions as of: 01 Jun 2023
Net transactions value: +$72,348
Form type: 4
Filing time: 05 Jun 2023, 16:31:35 UTC
Previous filing: 05 Apr 2023
Next filing: 02 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	III	Shares of Common Stock	Award	$93,752	+18,528	+7.3%	$5.06	272,886	01 Jun 2023	Direct	F1
transaction	III	Shares of Common Stock	Tax liability	$21,404	-4,230	-1.6%	$5.06	268,656	01 Jun 2023	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	III	Performance Based RSUs	Award	$0	+6,176		$0.000000	6,176	01 Jun 2023	Common Stock	6,176		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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, 2023.
F2	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.
F3	Represent 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 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.