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INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2011
May 5, 2011
33638_dirs_2011-05-05_382950f1-9f9b-4e64-8e82-54b9f7fc3ca3.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: 2011-05-03
Reporting Person: HEDRICK GEOFFREY S M (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-03 | Common Stock | G | 20948 | $0.00 | Disposed | 0 | Indirect |
| 2011-05-03 | Common Stock | G | 20948 | $0.00 | Disposed | 0 | Indirect |
| 2011-05-03 | Common Stock | G | 41896 | $0.00 | Disposed | 0 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3567083 | Direct |
Footnotes
F1: In January 2009, the reporting person contributed 50,000 shares of Innovative Solutions and Support, Inc. Common Stock to the Hedrick January 2009 Grantor Retained Annuity Trust for Susan Elizabeth Donnelly for the benefit of himself and his child. Upon termination of the trust on May 3, 2011, 20,948 shares were transferred to the reporting person's child. The remaining 29,052 shares were distributed to the reporting person and continue to be reported in this Form 4 as directly owned.
F2: In January 2009, the reporting person contributed 50,000 shares of Innovative Solutions and Support, Inc. Common Stock to the Hedrick January 2009 Grantor Retained Annuity Trust for Christina Ginieczki for the benefit of himself and his child. Upon termination of the trust on May 3, 2011, 20,948 shares were transferred to the reporting person's child. The remaining 29,052 shares were distributed to the reporting person and continue to be reported in this Form 4 as directly owned.
F3: In January 2009, the reporting person contributed 100,000 shares of Innovative Solutions and Support, Inc. Common Stock to the Hedrick January 2009 Grantor Retained Annuity Trust for Stephanie Connolly for the benefit of himself and his child. Upon termination of the trust on May 3, 2011, 41,896 shares were transferred to the reporting person's child. The remaining 58,104 shares were distributed to the reporting person and continue to be reported in this Form 4 as directly owned.