MICHAEL P. CONNORS - 22 Jun 2023 Form 4 Insider Report for Information Services Group Inc. (III)

Signature
/s/ Humberto P. Alfonso, Attorney-in-Fact
Issuer symbol
III
Transactions as of
22 Jun 2023
Net transactions value
-$274,000
Form type
4
Filing time
23 Jun 2023, 16:15:11 UTC
Previous filing
05 Jun 2023
Next filing
28 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction III Shares of Common Stock Sale $274,000 -50,000 -0.86% $5.48 5,747,242 22 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale is pursuant to a written stock selling plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, which was previously disclosed in the Issuer's Current Report on Form 8-K filed on March 21, 2023.