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INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2016
Oct 3, 2016
33638_dirs_2016-10-03_a986aeab-56fb-4462-8fc7-78d2a1003c0e.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: 2015-11-12
Reporting Person: RAU ROBERT H (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.
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