10 unchanged sentences
and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of Company assets that could have a material effect on financial statements.
−Removed: Due to its inherent limitations, internal control over financial reporting may not prevent or detect misstatements and, even when determined to be effective, can only provide reasonable, not absolute, assurance with respect to financial statement preparation and
−Removed: presentation.
+Added: Due to its inherent limitations, internal control over financial reporting may not prevent or detect misstatements and, even when determined to be effective, can only provide reasonable, not absolute, assurance with respect to financial statement preparation and presentation.
Projections of any evaluation of effectiveness to future periods are subject to risk that controls may become inadequate as a result of changes in conditions or deterioration in the degree of compliance.
26 unchanged sentences
Plan Category
−Removed: warrants and rights
−Removed: options warrants and rights
+Added: options and rights
reflected in second column)
1 unchanged sentence
Equity compensation plans not approved by security holders
−Removed: Prior to January 20, 2019, the Company made annual grants of restricted stock awards under the 2009 Plan to its non-employee directors.
−Removed: In the fiscal years ended September 30, 2021, 2020 and 2019, the Company granted to its non-employee directors a total of 0, 0 and 68,437 restricted shares, respectively, under the 2009 Plan.
−Removed: Going forward, the Company expects to make annual grants of restricted stock awards to its non-employee directors under the 2019 Plan.
+Added: The Company expects to make annual grants of restricted stock awards to its non-employee directors under the 2019 Plan.
In the fiscal years ended September 30, 2022, 2021 and 2020, the Company granted to its non-employee directors a total of 27,425, 27,488 and 73,056 restricted shares, respectively, under the 2019 Plan.
12 unchanged sentences
The following exhibits are filed as part of, or incorporated by reference into this report:
−Removed: Exhibit Number
Exhibit Title
2 unchanged sentences
Description of Capital Stock
−Removed: Amendment No.
−Removed: 1 to the IS&S 1998 Stock Option Plan.
−Removed: IS&S 2009 Stock-Based Incentive Compensation Plan (4)
+Added: Rights Agreement, dated September 12, 2022, between IS&S and Broadridge Corporate Issuer Soltutions, Inc.
Employment Agreement, dated February 14, 2012, between IS&S and Shahram Askarpour (4)
6 unchanged sentences
Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: XBRL Instance Document
−Removed: XBRL Taxonomy Extension Scheme Document
−Removed: XBRL Taxonomy Extension Calculation Linkbase Document
−Removed: XBRL Taxonomy Extension Definition Linkbase Document
−Removed: XBRL Taxonomy Extension Label Linkbase Document
−Removed: XBRL Taxonomy Extension Presentation Linkbase Document
−Removed: (1) Constitutes a management contract or compensatory plan or arrangement required to be filed as an exhibit to this form.
+Added: Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
+Added: Inline XBRL Taxonomy Extension Schema Document
+Added: Inline XBRL Taxonomy Extension Calculation Linkbase Document
+Added: Inline XBRL Taxonomy Extension Definition Linkbase Document
+Added: Inline XBRL Taxonomy Extension Label Linkbase Document
+Added: Inline XBRL Taxonomy Extension Presentation Linkbase Document
+Added: Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document contained in Exhibit 101
(1) Incorporated by reference from the Registrant’s Current Report on Form 8-K filed with the Commission on September 19, 2007.
−Removed: (3) Incorporated by reference from the Registrant’s Annual Report on Form 10-K filed with the Commission for the fiscal year 2008.
−Removed: (4) Incorporated by reference from the Registrant’s Proxy Statement filed with the Commission on January 28, 2009.
(2) Incorporated by reference from the Registrant’s Current Report on Form 8-K filed with the Commission on May 1, 2018.
+Added: (3) Incorporated by reference from the Registrant’s Current Report on Form 8-K filed with the Commission on September 12, 2022.
(4) Incorporated by reference from the Registrant’s Current Report on Form 8-K filed with the Commission on April 2, 2012.
3 unchanged sentences
INNOVATIVE SOLUTIONS AND SUPPORT, INC.
−Removed: /s/ Geoffrey S.
−Removed: Chairman & Chief Executive Officer
+Added: /s/ Shahram Askarpour
+Added: Shahram Askarpour
+Added: Director & Chief Executive Officer
December 16, 2022
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
−Removed: /s/ Geoffrey S.
−Removed: Chairman & Chief Executive Officer
−Removed: December 22, 2021
/s/ Shahram Askarpour
+Added: Director & Chief Executive Officer
December 16, 2022
Shahram Askarpour
−Removed: /s/ Relland M.
−Removed: Chief Financial Officer (Principal Accounting Officer)
−Removed: December 22, 2021
+Added: (Principal Executive Officer)
+Added: /s/ Michael Linacre
+Added: Chief Financial Officer
December 16, 2022
+Added: Michael Linacre
+Added: (Principal Financial and Accounting Officer)
/s/ Winston J.
+Added: Director & Chairman of the Board
December 16, 2022
−Removed: /s/ Robert E.
−Removed: Mittelstaedt, Jr.
+Added: Director & Vice Chairman of the Board
December 16, 2022
−Removed: Mittelstaedt, Jr.
+Added: /s/ Stephen L.
December 16, 2022
+Added: December 16, 2022
+Added: /s/ Parizad Olver (Parchi)
+Added: December 16, 2022
+Added: Parizad Olver (Parchi)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.