INNODATA INC — Director's Dealing 2009

Sep 15, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNODATA ISOGEN INC (INOD)
CIK: 0000903651
Period of Report: 2009-09-11

Reporting Person: ABUHOFF JACK (Director, Chairman, CEO, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-09-11	Common Stock	M	77693	$2.59	Acquired	757832	Direct
2009-09-11	Common Stock	S	75293	$6.41	Disposed	682539	Direct
2009-09-11	Common Stock	S	2400	$6.51	Disposed	680139	Direct
2009-09-14	Common Stock	M	120307	$2.59	Acquired	800446	Direct
2009-09-14	Common Stock	S	120307	$6.52	Disposed	680139	Direct
2009-09-15	Common Stock	M	198000	$2.59	Acquired	878139	Direct
2009-09-15	Common Stock	S	16075	$7.22	Disposed	862064	Direct
2009-09-15	Common Stock	S	6635	$7.25	Disposed	855429	Direct
2009-09-15	Common Stock	S	136171	$7.29	Disposed	719258	Direct
2009-09-15	Common Stock	S	39119	$7.35	Disposed	680139	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-09-11	Employee Stock Option (right to buy)	$2.59	M	77693	Disposed	2009-09-30	Common Stock (77693)	Direct
2009-09-14	Employee Stock Option (right to buy)	$2.59	M	76307	Disposed	2009-09-30	Common Stock (76307)	Direct
2009-09-14	Employee Stock Option (right to buy)	$2.59	M	44000	Disposed	2010-05-31	Common Stock (44000)	Direct
2009-09-15	Employee Stock Option (right to buy)	$2.59	M	154000	Disposed	2010-09-30	Common Stock (154000)	Direct
2009-09-15	Employee Stock Option (right to buy)	$2.59	M	44000	Disposed	2011-05-31	Common Stock (44000)	Direct

Footnotes

F1: currently exercisable