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INNOVATIVE SOLUTIONS & SUPPORT INC Director's Dealing 2005

Oct 17, 2005

33638_dirs_2005-10-17_78b2b8c4-d6ab-4cf1-9574-fdfd8f3c3da7.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: 2005-10-14

Reporting Person: CHURCHILL WINSTON J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-10-14 Common Stock A 2623 Acquired 20728 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 38808 Indirect

Footnotes

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

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