SECURITIES AND EXCHANGE COMMISSION  
Washington, D.C. 20549  
   
SCHEDULE 13D/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
 

Information Services Group Inc.

(Name of Issuer)
 

Common Stock, par value $0.001 per share

(Title of Class of Securities)
 

45675Y104

(CUSIP Number)
 
 

Steven J. Pully

Carlson Capital, L.P.

2100 McKinney Avenue

Dallas, TX 75201

(214) 932-9600

 

with a copy to:

David E. Rosewater

Schulte Roth & Zabel LLP

919 Third Avenue

New York, New York 10022

(212) 756-2000

 
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 

February 13, 2013

(Date of Event Which Requires Filing of This Statement)
 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. [ ]

(Page 1 of 10 Pages)

______________________________

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 
CUSIP No. 45675Y104SCHEDULE 13D/APage 2 of 10

 

1

NAME OF REPORTING PERSON

Double Black Diamond Offshore Ltd.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) S

(b) £

3 SEC USE ONLY
4

SOURCE OF FUNDS

WC

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) £
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

0

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

0

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.0%

14

TYPE OF REPORTING PERSON

CO

         

 

 
CUSIP No. 45675Y104SCHEDULE 13D/APage 3 of 10

 

1

NAME OF REPORTING PERSON

Black Diamond Offshore Ltd.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) S

(b) £

3 SEC USE ONLY
4

SOURCE OF FUNDS

WC

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) £
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

0

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

0

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.0%

14

TYPE OF REPORTING PERSON

CO

         

 

 
CUSIP No. 45675Y104SCHEDULE 13D/APage 4 of 10

 

1

NAME OF REPORTING PERSON

Carlson Capital, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) S

(b) £

3 SEC USE ONLY
4

SOURCE OF FUNDS

AF (See Item 3)

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) £
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

0

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

0

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.0%

14

TYPE OF REPORTING PERSON

PN

         

 

 
CUSIP No. 45675Y104SCHEDULE 13D/APage 5 of 10

 

1

NAME OF REPORTING PERSON

Asgard Investment Corp. II

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) S

(b) £

3 SEC USE ONLY
4

SOURCE OF FUNDS

AF (See Item 3)

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) £
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

0

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

0

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.0%

14

TYPE OF REPORTING PERSON

CO

         

 

 
CUSIP No. 45675Y104SCHEDULE 13D/APage 6 of 10

 

1

NAME OF REPORTING PERSON

Asgard Investment Corp.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) S

(b) £

3 SEC USE ONLY
4

SOURCE OF FUNDS

AF (See Item 3)

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) £
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

0

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

0

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.0%

14

TYPE OF REPORTING PERSON

CO

         

 

 
CUSIP No. 45675Y104SCHEDULE 13D/APage 7 of 10

 

1

NAME OF REPORTING PERSON

Clint D. Carlson

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) S

(b) £

3 SEC USE ONLY
4

SOURCE OF FUNDS

AF (See Item 3)

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) £
6

CITIZENSHIP OR PLACE OF ORGANIZATION

USA

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:		 7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

0

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

0

12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES £
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

0.0%

14

TYPE OF REPORTING PERSON

IN

         
 
CUSIP No. 45675Y104SCHEDULE 13D/APage 8 of 10

 

This Amendment No. 4 to Schedule 13D amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on November 19, 2010 (the “Original Schedule 13D”), Amendment No. 1 filed with the SEC on July 21, 2011 (“Amendment No. 1”), Amendment No. 2 filed with the SEC on January 11, 2012 (“Amendment No. 2”) and Amendment No. 3 filed with the SEC on March 27, 2012 ("Amendment No. 3" and together with the Original Schedule 13D, Amendment No. 1, Amendment No. 2 and this Amendment No. 4, the “Schedule 13D”) with respect to shares of common stock, par value $0.001 per share (the “Shares”), of Information Services Group, Inc., a Delaware corporation (the “Issuer”). This Amendment No. 4 constitutes an “exit filing” for the Reporting Persons.

 

Item 5. INTEREST IN SECURITIES OF THE ISSUER
   
  Paragraphs (a), (b) and (c) of Item 5 of the Schedule 13D are hereby amended and restated in their entirety as follows:
   
  (a)  As of the date hereof, the Reporting Persons do not beneficially own any Shares.
   
  (b)  As of the date hereof, no Reporting Person has the power to vote or direct the disposition of any Shares.
   
  (c) Information concerning transactions in the Shares effected by the Reporting Persons in the past sixty days is set forth in Appendix A.

 

 
CUSIP No. 45675Y104SCHEDULE 13D/APage 9 of 10

 

SIGNATURES

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: February 15, 2013

 

  DOUBLE BLACK DIAMOND OFFSHORE LTD.
   
  By: Carlson Capital, L.P., its investment manager
   
  /s/ Clint D. Carlson  
  Name: Clint D. Carlson
  Title: President
     
  BLACK DIAMOND OFFSHORE LTD.
   
  By: Carlson Capital, L.P., its investment manager
   
  /s/ Clint D. Carlson  
  Name: Clint D. Carlson
  Title: President
     
  CARLSON CAPITAL, L.P.
   
  /s/ Clint D. Carlson  
  Name: Clint D. Carlson
  Title: President
     
  ASGARD INVESTMENT CORP. II
   
  /s/ Clint D. Carlson  
  Name: Clint D. Carlson
  Title: President
     
  ASGARD INVESTMENT CORP.
   
  /s/ Clint D. Carlson  
  Name: Clint D. Carlson
  Title: President
   
  By: /s/ Clint D. Carlson  
  Name: Clint D. Carlson
               
 
CUSIP No. 45675Y104SCHEDULE 13D/APage 10 of 10

Appendix A

 

 

TRANSACTIONS IN THE ISSUER’S SHARES BY THE REPORTING PERSONS during the past sixty days

 

 

The following tables set forth all transactions in the Shares of the Issuer effected by any of the Reporting Persons during the past sixty days, as applicable. All such transactions were effected in the open market through brokers and the price per share is net of commissions.

 

Double Black Diamond Offshore Ltd.

 

Trade Date Shares Purchased (Sold) Price Per Share ($)
2/7/2013 6,499 1.2402
2/8/2013 94,189 1.2635
2/8/2013 111,145 1.2532
2/8/2013 38,164 1.273
2/11/2013 29,935 1.287
2/11/2013 2,637 1.29
2/12/2013 37,676 1.337
2/13/2013 60,921 1.3042
2/13/2013 40,125 1.3565
2/13/2013 92,673 1.3367
2/14/2013 185,043 1.3384
2/14/2013 130,885 1.3362
2/14/2013 26,278 1.3365
2/15/2013 2,028,185 1.315
2/15/2013 106,246 1.3492
2/15/2013 84,770 1.34

 

 

Black Diamond Offshore Ltd.

 

Trade Date Shares Purchased (Sold) Price Per Share ($)
2/7/2013 401 1.2402
2/8/2013 5,811 1.2635
2/8/2013 6,855 1.2532
2/8/2013 2,355 1.273
2/11/2013 1,846 1.287
2/11/2013 163 1.29
2/12/2013 2,324 1.337
2/13/2013 3,759 1.3042
2/13/2013 2,475 1.3565
2/13/2013 5,717 1.3367
2/14/2013 11,415 1.3384
2/14/2013 8,074 1.3362
2/14/2013 1,622 1.3365
2/15/2013 125,118 1.315
2/15/2013 6,554 1.3492
2/15/2013 5,230 1.34