INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2016

Oct 3, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK: 0000836690
Period of Report: 2015-11-12

Reporting Person: CHURCHILL WINSTON J (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-12	Restricted Stock Units	$	A	14234	Acquired		Common Stock (14234)	Direct

Footnotes

F1: Stock-based compensation for the year ending December 31, 2016.

F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

F3: The restricted stock units will vest in full on January 2, 2017, provided that if the Reporting Person resigns from the Issuer's board of directors prior to January 1, 2017 he will receive a pro rated number of shares based on the number of days served as a director during 2016.