Christopher Harborne - 22 Dec 2022 Form 4 Insider Report for INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)

Role
10%+ Owner
Signature
/s/ Christopher Harborne
Issuer symbol
ISSC
Transactions as of
22 Dec 2022
Transactions value $
-$646
Form type
4
Filing time
23 Dec 2022, 12:04:18 UTC
Previous filing
22 Dec 2022
Next filing
16 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISSC Common Stock, par value $0.001 per share Sale -$646 -77 0% $8.39 2.37M 22 Dec 2022 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock, par value $0.001 per share, of Innovative Solutions and Support, Inc. are directly held by Klear Kite LLC, a Delaware limited liability company, whose sole member is Christopher Harborne.
F2 The Reporting Person's sale of shares of common stock, par value $0.001 per share, of Innovative Solutions and Support, Inc. reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 77 shares, with the Reporting Person's purchase of 1,002 shares of common stock at a price of $8.058 per share on December 12, 2022. No recoverable profit for purposes of Section 16(b) of the Securities Exchange Act of 1934 was realized from the short-swing transaction because transaction costs exceeded the $25.56 of gross profit from the transaction.