INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2023

Jan 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK: 0000836690
Period of Report: 2023-01-11

Reporting Person: Askarpour Shahram (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-11	Common Stock	A	100000	—	Acquired	292458	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-11	Employee Stock Option	$8.19	A	200000	Acquired	2024-01-11	Common Stock (200000)	Direct

Footnotes

F1: Grant of restricted stock units under the Innovative Solutions & Support, Inc. 2019 Stock-Based Incentive Compensation Plan, each of which represents a contingent right to receive one share of Innovative Solutions & Support, Inc. common stock. The restricted stock units were granted effective January 11, 2023. 25,000 of the restricted stock units vested immediately on the grant date; the remaining 75,000
vest on a quarterly basis, and will be fully vested three years from the grant date.

F2: Grant of stock options pursuant to the 2019 Stock-Based Incentive Compensation Plan. 100,000 of the options vested immediately on the grant date; the remaining 100,000 options vest on a quarterly basis, and will be fully vested one year from the grant date.