INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2023

Mar 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK: 0000836690
Period of Report: 2023-03-22

Reporting Person: Estate of Geoffrey S. M. Hedrick (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-22	Common Stock	S	446	$7.7594	Disposed	3534713	Direct
2023-03-23	Common Stock	S	2948	$7.7501	Disposed	3531765	Direct

Footnotes

F1: The price shown is the weighted average sale price for the transactions reported on this line. These shares of Common Stock were sold in multiple transactions at prices ranging from $7.75 to $7.78 per share, excluding commissions. The reporting person undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: The price shown is the weighted average sale price for the transactions reported on this line. These shares of Common Stock were sold in multiple transactions at prices ranging from $7.68 to $7.76 per share, excluding commissions. The reporting person undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: Christopher Scott Ginieczki serves as the personal representative of the Estate (the "Personal Representative"). The Personal Representative disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that such person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.