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INNOVATIVE SOLUTIONS & SUPPORT INC Director's Dealing 2003

Dec 5, 2003

33638_dirs_2003-12-05_3002ecc4-a23a-4fc9-b80d-172e2dac19b4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK: 0000836690
Period of Report: 2003-12-02

Reporting Person: CHURCHILL WINSTON J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-12-02 Common Stock S 16600 $16.8898 Disposed 39472 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 7796 Direct

Footnotes

F1: Mr. Churchill is the chairman of the board of CIP Capital Management Inc., the general partner of CIP Capital L.P.