Linacre Michael 4
4 · INNOVATIVE SOLUTIONS & SUPPORT INC · Filed Aug 23, 2023
Insider Transaction Report
Form 4
Linacre Michael
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2023-08-21+6,082→ 6,082 total→ Common Stock (6,082 underlying) - Award
Non Qualified Stock Option (Right to Buy)
2023-08-21+12,164→ 12,164 totalExercise: $8.22Exp: 2033-08-21→ Common Stock (12,164 underlying)
Footnotes (3)
- [F1]The option is scheduled to vest and become exercisable annually at a rate of 25% on each anniversary of the grant date commencing on the first anniversary of the grant date, subject to continued employment by the reporting person.
- [F2]The RSUs were granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Award Agreement.
- [F3]The RSUs are scheduled to vest annually at a rate of 25% on each anniversary of the grant date commencing on the first anniversary of the grant date, subject to continued employment by the reporting person.