Roger A. Carolin - Apr 18, 2023 Form 4 Insider Report for INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)

Role: Director
Signature: Michael Linacre, Attorney in fact for Roger Anthony Carolin
Stock symbol: ISSC
Transactions as of: Apr 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/20/2023, 05:20 PM
Previous filing: Jan 25, 2024
Next filing: May 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISSC	Common Stock	Award	$0	+1.74K	+3.94%	$0.00	45.9K	Apr 18, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	A portion of the Reporting Person's stock based compensation for the year ended December 31, 2023. In connection with a previously disclosed stock grant on January 3, 2023, the Issuer's Board of Directors determined to make the annual issuance of stock-based compensation to its independent directors in April rather than in January going forward. This grant represents the Reporting Person's stock-based compensation for the period running from January 1, 2023 through April 18, 2023.

Content

A portion of the Reporting Person's stock based compensation for the year ended December 31, 2023. In connection with a previously disclosed stock grant on January 3, 2023, the Issuer's Board of Directors determined to make the annual issuance of stock-based compensation to its independent directors in April rather than in January going forward. This grant represents the Reporting Person's stock-based compensation for the period running from January 1, 2023 through April 18, 2023.