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INNOVATIVE SOLUTIONS & SUPPORT INC Director's Dealing 2007

Mar 20, 2007

33638_dirs_2007-03-20_5a08b59a-3b62-471a-b80d-abb271989dd7.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: 2007-03-16

Reporting Person: STRS OHIO (10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-03-16 common stock call option $25 S 50 Acquired 2007-04-21 Innovative Solutions and Support (5000) Direct
2007-03-19 common stock call option $25 S 285 Acquired 2007-04-21 Innovative Solutions and Support (28500) Direct

Footnotes

F1: represents an obligation to sell

F2: represents an obligation to sell