INNODATA INC - Director's Dealing 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNODATA CORP (INOD)
CIK: 0000903651
Period of Report: 2003-11-12

Reporting Person: TANPHO JURGEN (Vice President - Operations)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-12	Common Stock	S	1350	$3.99	Disposed	14648	Direct
2003-11-12	Common Stock	S	3750	$4.00	Disposed	10898	Direct
2003-11-12	Common Stock	S	25	$3.89	Disposed	10873	Direct
2003-11-12	Common Stock	S	1100	$3.90	Disposed	9773	Direct
2003-11-12	Common Stock	S	600	$4.10	Disposed	9173	Direct
2003-11-12	Common Stock	S	400	$4.11	Disposed	8773	Direct
2003-11-12	Common Stock	S	1000	$4.13	Disposed	7773	Direct
2003-11-12	Common Stock	S	1000	$3.93	Disposed	6773	Direct
2003-11-12	Common Stock	S	100	$3.992	Disposed	6673	Direct
2003-11-12	Common Stock	S	175	$3.991	Disposed	6498	Direct
2003-11-12	Common Stock	S	170	$3.881	Disposed	6328	Direct
2003-11-12	Common Stock	S	100	$3.902	Disposed	6228	Direct
2003-11-12	Common Stock	S	150	$3.901	Disposed	6078	Direct
2003-11-12	Common Stock	S	1000	$4.06	Disposed	5078	Direct
2003-11-12	Common Stock	S	250	$4.01	Disposed	4828	Direct
2003-11-13	Common Stock	S	1208	$3.76	Disposed	3620	Direct
2003-11-13	Common Stock	S	100	$3.762	Disposed	3520	Direct
2003-11-13	Common Stock	S	150	$3.75	Disposed	3370	Direct
2003-11-13	Common Stock	S	1000	$3.80	Disposed	2370	Direct
2003-11-13	Common Stock	S	1000	$3.81	Disposed	1370	Direct
2003-11-13	Common Stock	S	800	$3.77	Disposed	570	Direct
2003-11-13	Common Stock	S	150	$3.741	Disposed	420	Direct
2003-11-13	Common Stock	S	20	$3.70	Disposed	400	Direct
2003-11-13	Common Stock	S	100	$3.72	Disposed	300	Direct
2003-11-13	Common Stock	S	100	$3.722	Disposed	200	Direct
2003-11-13	Common Stock	S	100	$3.71	Disposed	100	Direct
2003-11-13	Common Stock	S	100	$3.712	Disposed	0	Direct