Form 4 for III Information Services Group Inc.
Accepted 2021-08-12 00:00:00 ET · period of report 2021-08-10 · accession 0001104659-21-104166 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-12 | 2021-08-10 | III | Kucinski Thomas S. | EVP, Chief HR | M - OptEx | — | +9,225 | 254.7K | +4% | — |
| D | 2021-08-12 | 2021-08-10 | III | Kucinski Thomas S. | EVP, Chief HR | F - Tax | $6.57 | -4,795 | 249.9K | -2% | -$31.5K |
| D | 2021-08-12 | 2021-08-10 | III | Kucinski Thomas S. | EVP, Chief HR | M - OptEx | $0.00 | +9,225 | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Shares of Common Stock | 2021-08-10 | M | A | 9,225 | — | 254,695 | D | — | — | (F2) On August 1, 2019, the Reporting Person received a grant of RSUs that could be earned based on achievement of market price goals, which were measured at the average closing price of the Issuer's common stock over any consecutive ten-trading-day period prior to and including the fourth anniversary of the date of grant. 100% of the number of RSUs would be earned if such measured market price was $6.00 or above. On August 10, 2021, the market price goal was satisfied and the Issuer's common stock traded 142% higher as compared to the date of the grant. Once the market price goal was satisfied, the RSUs were fully vested. |
| 2 | Common | Shares of Common Stock | 2021-08-10 | F | D | 4,795 | $6.57 | 249,900 | D | — | — | |
| 3 | Derivative | Performance Based RSUs | 2021-08-10 | M | A | 9,225 | $0.00 | 0 | D | — · 2021-08-10 to 2023-08-01 | 0 Common Stock | (F2) On August 1, 2019, the Reporting Person received a grant of RSUs that could be earned based on achievement of market price goals, which were measured at the average closing price of the Issuer's common stock over any consecutive ten-trading-day period prior to and including the fourth anniversary of the date of grant. 100% of the number of RSUs would be earned if such measured market price was $6.00 or above. On August 10, 2021, the market price goal was satisfied and the Issuer's common stock traded 142% higher as compared to the date of the grant. Once the market price goal was satisfied, the RSUs were fully vested. |