INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2020

Sep 15, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK: 0000836690
Period of Report: 2020-09-11

Reporting Person: Askarpour Shahram (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-11	Common Stock	M	250000	$2.48	Acquired	256500	Direct
2020-09-11	Common Stock	M	250000	$4.06	Acquired	506500	Direct
2020-09-11	Common Stock	F	141524	$8.01	Disposed	364976	Direct
2020-09-11	Common Stock	F	172518	$8.01	Disposed	192458	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-11	Employee Stock Option	$2.48	M	250000	Disposed	2022-02-21	Common Stock (250000)	Direct
2020-09-11	Employee Stock Option	$4.06	M	250000	Disposed	2025-01-29	Common Stock (250000)	Direct

Footnotes

F1: These shares were withheld by the issuer to cover the option exercise price and tax withholding obligations related to the net exercise of the above options.