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INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2024
Feb 27, 2024
33638_dirs_2024-02-26_587f091b-635c-4a13-a319-da3e1861fb43.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: 2024-02-22
Reporting Person: Askarpour Shahram (CHIEF EXECUTIVE OFFICER)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-22 | Restricted Stock Units | $ | A | 40024 | Acquired | Common Stock (40024) | Direct | |
| 2024-02-22 | Non-Qualified Stock Option (Right to Buy) | $8.12 | A | 25000 | Acquired | 2034-02-22 | Common Stock (25000) | Direct |
| 2024-02-22 | Non-Qualified Stock Option (Right to Buy) | $8.12 | A | 72014 | Acquired | 2034-02-22 | Common Stock (72014) | 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.
F2: The RSUs are scheduled to vest in accordance with the following schedule: 25% on each of the first four anniversaries of the grant date, subject to continued employment by the reporting person.
F3: The non-qualified stock option was granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan. The option vested immediately on the date of grant.
F4: 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: 25% on each of the first four anniversaries of the grant date, subject to continued employment by the reporting person.