Form 4 for IA INNOVATIVE SOLUTIONS & SUPPORT INC
Accepted 2023-01-13 00:00:00 ET · period of report 2023-01-11 · accession 0001104659-23-003924 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-13 | 2023-01-11 | IA | Askarpour Shahram | CEO | A - Grant | $0.00 | +100.0K | 292.5K | +52% | $0 |
| D | 2023-01-13 | 2023-01-11 | IA | Askarpour Shahram | CEO | A - Grant | $0.00 | +200.0K | 200.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-11 | A | A | 100,000 | $0.00 | 292,458 | D | — | — | (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. |
| 2 | Derivative | Employee Stock Option | 2023-01-11 | A | A | 200,000 | $0.00 | 200,000 | D | $8.19 · — to 2024-01-11 | 200,000 Common Stock | (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. |