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INNOVATIVE SOLUTIONS & SUPPORT INC Director's Dealing 2004

Oct 5, 2004

33638_dirs_2004-10-05_61cef101-9a83-4276-8809-6997c28026cf.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: 2004-10-05

Reporting Person: CHURCHILL WINSTON J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-10-01 Common Stock A 999 Acquired 11920 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 25872 Indirect

Footnotes

F1: Subject to vesting in four equal installments at the end of each quarter of the fiscal year.

F2: Mr. Churchill is Chairman of the Board of CIP Capital Management, Inc. the General Partner of CIP Capital LP.