Askarpour Shahram 4
4 · INNOVATIVE SOLUTIONS & SUPPORT INC · Filed Jan 13, 2023
Insider Transaction Report
Form 4
Askarpour Shahram
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2023-01-11+100,000→ 292,458 total - Award
Employee Stock Option
2023-01-11+200,000→ 200,000 totalExercise: $8.19Exp: 2024-01-11→ Common Stock (200,000 underlying)
Footnotes (2)
- [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.