Filing Details
- Accession Number:
- 0001104659-20-094053
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-12 18:34:05
- Reporting Period:
- 2020-08-10
- Accepted Time:
- 2020-08-12 18:34:05
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 836690 | Innovative Solutions & Support Inc | ISSC | Services-Computer Programming Services (7371) | 232507402 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1546928 | Shahram Askarpour | C/O Innovative Solutions &Amp; Support, Inc. 720 Pennsylvania Drive Exton PA 19341 | President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-08-10 | 12,840 | $3.78 | 19,340 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-08-10 | 12,840 | $7.00 | 6,500 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-08-11 | 2,160 | $3.78 | 8,660 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-08-11 | 2,160 | $7.01 | 6,500 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option | Disposition | 2020-08-10 | 12,840 | $0.00 | 12,840 | $3.78 |
| Common Stock | Employee Stock Option | Disposition | 2020-08-11 | 2,160 | $0.00 | 2,160 | $3.78 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 502,160 | 2021-08-15 | No | 4 | M | Direct | |
| 500,000 | 2021-08-15 | No | 4 | M | Direct |
Footnotes
- Exercise of Dr. Askarpour's stock options that would otherwise expire August 15, 2021, of which shares were sold to pay the exercise price, to cover withholding taxes, and to pay broker fees and commissions, pursuant to a broker-assisted cashless exercise and sale
- As of January 22, 2020, and prior to this transaction, the exercised options were fully vested.
Billionaire Hedge Funds
