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INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2024
Apr 10, 2024
33638_dirs_2024-04-10_c49a629d-d7c7-40c1-8e1a-f7770791181a.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: 2024-04-08
Reporting Person: DiGiovanni Jeffrey (CHIEF FINANCIAL OFFICER)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-08 | Restricted Stock Units | A | 35410 | $0.00 | Acquired | 35410 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-04-08 | Non-Qualified Stock Option (Right to Buy) | $7.06 | A | 64599 | Acquired | 2034-04-08 | Common Stock (64599) | Direct |
Footnotes
F1: 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. The RSUs are scheduled to vest in accordance with the following schedule: 1/4th on the first anniversary of the grant date and 1/12th on each quarterly anniversary of the grant date thereafter, subject to continued employment by the reporting person.
F2: The non-qualified stock option was granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan. The option is scheduled to vest in accordance with the following schedule: 1/4th on the first anniversary of the grant date and 1/12th on each quarterly anniversary of the grant date thereafter, subject to continued employment by the reporting person.