SEC Form 4 · accession 0001179110-16-030422
INNOVATIVE SOLUTIONS & SUPPORT INC · IA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glen R Bressner
Director
Period of report
Nov 12, 2015
Accepted (ET)
Oct 5, 2016 · 11:46 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000836690
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Nov 12, 2015 | A | 14,234 | A | — | — | Common Stock | 14,234 | 14,234 | D |
Explanation of responses
- F1Stock-based compensation for the year ending December 31, 2016.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F3The restricted stock units will vest in full on January 2, 2017, provided that if the Reporting Person resigns from the Issuer's board of directors prior to January 1, 2017 he will receive a pro rated number of shares based on the number of days served as a director during 2016.