Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* MISHRA ASHOK	2. Issuer Name and Ticker or Trading Symbol INNODATA INC [ INOD ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP and COO
(Last) (First) (Middle) C/O INNODATA INC., 55 CHALLENGER ROAD	3. Date of Earliest Transaction (MM/DD/YYYY) 11/20/2020
(Street) RIDGEFIELD PARK, NJ 07660 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/20/2020		M		31710	A	$3.21	66207	D
Common Stock	11/20/2020		S		31710	D	$3.99 ⁽¹⁾	34497	D
Common Stock	11/23/2020		M		48290	A	$3.21	82787	D
Common Stock	11/23/2020		M		31400	A	$2.75	114187	D
Common Stock	11/23/2020		S		79690	D	$4.05 ⁽²⁾	34497	D
Common Stock	11/24/2020		M		6966	A	$2.75	41463	D
Common Stock	11/24/2020		S		6966	D	$4.04 ⁽³⁾	34497	D

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$3.21	11/20/2020		M			31710	⁽⁴⁾	3/12/2021	Common Stock	31710	$0	48290	D
Employee Stock Option (Right to Buy)	$3.21	11/23/2020		M			48290	⁽⁴⁾	3/12/2021	Common Stock	48290	$0	0	D
Employee Stock Option (Right to Buy)	$2.75	11/23/2020		M			31400	⁽⁵⁾	4/6/2021	Common Stock	31400	$0	81600	D
Employee Stock Option (Right to Buy)	$2.75	11/24/2020		M			6966	⁽⁵⁾	4/6/2021	Common Stock	6966	$0	74634	D

Explanation of Responses:
(1)	This transaction was executed in multiple trades at prices ranging from $3.95 to $4.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
(2)	This transaction was executed in multiple trades at prices ranging from $3.95 to $4.19. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
(3)	This transaction was executed in multiple trades at prices ranging from $4.02 to $4.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
(4)	These stock options were originally granted to the reporting person on March 13, 2014 and became fully-vested on March 13, 2017. These stock options expire on March 12, 2021.
(5)	These stock options were originally granted to the reporting person on April 7, 2014 and became fully-vested on April 7, 2017. These stock options expire on April 6, 2021.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
MISHRA ASHOK C/O INNODATA INC. 55 CHALLENGER ROAD RIDGEFIELD PARK, NJ 07660			EVP and COO