Form 4 for III Information Services Group Inc.
Accepted 2022-06-03 00:00:00 ET · period of report 2022-06-01 · accession 0001415889-22-006129 · 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 | 2022-06-03 | 2022-06-01 | III | CONNORS MICHAEL P | COB, CEO, Dir, 10% | F - Tax | $6.62 | -13.7K | 5.62M | -0.2% | -$91.0K |
| D | 2022-06-03 | 2022-06-01 | III | CONNORS MICHAEL P | COB, CEO, Dir, 10% | A - Grant | $6.62 | +98.2K | 5.64M | +2% | +$650.0K |
| D | 2022-06-03 | 2022-06-01 | III | CONNORS MICHAEL P | COB, CEO, Dir, 10% | A - Grant | $0.00 | +196.4K | 196.4K | 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 | 2022-06-01 | F | D | 13,748 | $6.62 | 5,624,616 | D | — | — | |
| 2 | Common | Shares of Common Stock | 2022-06-01 | A | A | 98,187 | $6.62 | 5,638,364 | D | — | — | |
| 3 | Derivative | Performance Based RSUs | 2022-06-01 | A | A | 196,375 | $0.00 | 196,375 | D | — · — to 2025-06-01 | 196,375 Common Stock | (F3) Represents a grant of RSUs that may be earned based on achievement of market price goals, which will be measured at the average closing price of the Issuer's common stock over the ten-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 $9.00 and 100% of the RSUs will be earned if the measured market price is $13.00 or above, with interpolation of the number of earned RSUs if the measured market price is between $9.00 and $13.00. 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. |