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INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2023
Aug 23, 2023
33638_dirs_2023-08-23_66cf605d-1c58-422a-9275-8b73ece3b541.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: 2023-08-21
Reporting Person: Linacre Michael (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-21 | Non Qualified Stock Option (Right to Buy) | $8.22 | A | 12164 | Acquired | 2033-08-21 | Common Stock (12164) | Direct |
| 2023-08-21 | Restricted Stock Units | $ | A | 6082 | Acquired | Common Stock (6082) | Direct |
Footnotes
F1: The option is scheduled to vest and become exercisable annually at a rate of 25% on each anniversary of the grant date commencing on the first anniversary of the grant date, subject to continued employment by the reporting person.
F2: The RSUs were granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Award Agreement.
F3: The RSUs are scheduled to vest annually at a rate of 25% on each anniversary of the grant date commencing on the first anniversary of the grant date, subject to continued employment by the reporting person.