Form 4 for III Information Services Group Inc.
Accepted 2022-08-03 00:00:00 ET · period of report 2022-08-01 · accession 0001415889-22-008195 · 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 | 2022-08-03 | 2022-08-01 | III | CONNORS MICHAEL P | COB, CEO, Dir, 10% | M - OptEx | $7.54 | +241.3K | 5.87M | +4% | +$1.82M |
| DM | 2022-08-03 | 2022-08-01 | III | CONNORS MICHAEL P | COB, CEO, Dir, 10% | F - Tax | $7.54 | -167.4K | 5.84M | -3% | -$1.26M |
| D | 2022-08-03 | 2022-08-01 | III | CONNORS MICHAEL P | COB, CEO, Dir, 10% | M - OptEx | $0.00 | -295.2K | 0 | -100% | $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 | 2022-08-01 | M | A | 241,329 | $7.54 | 5,865,945 | D | — | — | |
| 2 | Common | Shares of Common Stock | 2022-08-01 | F | D | 34,207 | $7.54 | 5,698,529 | D | — | — | |
| 3 | Common | Shares of Common Stock | 2022-08-01 | F | D | 111,856 | $7.54 | 5,732,736 | D | — | — | |
| 4 | Common | Shares of Common Stock | 2022-08-01 | F | D | 21,353 | $7.54 | 5,844,592 | D | — | — | |
| 5 | Derivative | Performance Based RSUs | 2022-08-01 | M | D | 295,202 | $0.00 | 0 | D | — · 2022-08-01 to 2022-08-01 | 241,329 Common Stock | (F2) On August 1, 2019, the Reporting Person was granted RSUs that would be earned based on achievement of market price goals, which were measured as 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 would be earned if the measured market price was $6 and 100% of the RSUs would be earned if the measured market price was $8 or above, with straight-line interpolation of the number of earned RSUs if the measured market price was between $6 and $8. Based on the creation of more than $230 million in market value since the grant in August 2019, these performance shares vested at 82% of the maximum that could have been earned. |