other material
confidence high
sentiment neutral
materiality 0.30
Innovative Solutions & Support corrects CEO PSU grant to 201,000 units with price targets
INNOVATIVE SOLUTIONS & SUPPORT INC
- CEO Shahram Askarpour granted 201,000 performance stock units on Nov 20, 2024.
- Vesting triggers: ISSC common stock trades at $10, $12, $14 per share for 20 consecutive days within 4 years.
- Unvested units forfeited on termination; accelerated vesting upon change in control if consideration meets vesting price.
- Amendment corrects scrivener's error in prior 8-K re total grant amount.