INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2012

Apr 10, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK: 0000836690
Period of Report: 2012-04-02

Reporting Person: Askarpour Shahram (President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$4.733	2013-08-07	Common Stock (1500)		Direct
Employee Stock Option (Right to Buy)	$8.90	2014-03-19	Common Stock (15000)		Direct
Employee Stock Option (Right to Buy)	$14.167	2014-07-27	Common Stock (15000)		Direct
Employee Stock Option (Right to Buy)	$13.45	2016-01-11	Common Stock (20000)		Direct
Employee Stock Option (Right to Buy)	$7.77	2018-02-21	Common Stock (20000)		Direct
Employee Stock Option (Right to Buy)	$5.28	2021-08-15	Common Stock (45000)		Direct
Employee Stock Option (Right to Buy)	$3.98	2022-02-21	Common Stock (250000)		Direct

Footnotes

F1: Option is currently exercisable.

F2: Option vests in five equal annual installments, which began on February 21, 2009, and will be fully vested on February 21, 2013.

F3: Option vests in three equal annual installments, beginning on August 15, 2012, and will be fully vested on August 15, 2014.

F4: Option vests in three equal annual installments, beginning on February 21, 2013, and will be fully vested on February 21, 2015.