# EDGAR Filing Document

**Accession Number:** 0001415726
**File Stem:** 0001437749-22-029977
**Filing Date:** 2023-1
**Character Count:** 7190
**Document Hash:** b998298967dcf7d81af581477e693203
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-22-029977.hdr.sgml**: 20230103

**ACCESSION NUMBER**: 0001437749-22-029977

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230103

**DATE AS OF CHANGE**: 20221230

**EFFECTIVENESS DATE**: 20230103

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Innovator ETFs Trust
- **CENTRAL INDEX KEY:** 0001415726
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-146827
- **FILM NUMBER:** 221503085

**BUSINESS ADDRESS:**
- **STREET 1:** 109 NORTH HALE STREET
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 800-621-1675

**MAIL ADDRESS:**
- **STREET 1:** 109 NORTH HALE STREET
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INNOVATOR ETFS TRUST
- **DATE OF NAME CHANGE:** 20170825

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Academy Funds Trust
- **DATE OF NAME CHANGE:** 20071019

## Series and Classes Contracts Data

### Innovator Double Stacker 9 Buffer ETF - January (Series ID: S000070508)

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|  |  |
|:---|:---|
| Class Name                                      | Class ID   |
| Innovator Double Stacker 9 Buffer ETF - January | C000224017 |

---

### Innovator Double Stacker ETF - January (Series ID: S000070517)

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|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| Innovator Double Stacker ETF - January | C000224026 |

---

### Innovator Triple Stacker ETF - January (Series ID: S000070518)

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|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| Innovator Triple Stacker ETF - January | C000224027 |

---

## Series and Classes Contracts Data

### Innovator Double Stacker 9 Buffer ETF - January (Series ID: S000070508)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000224017 | Innovator Double Stacker 9 Buffer ETF - January |  |

### Innovator Double Stacker ETF - January (Series ID: S000070517)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000224026 | Innovator Double Stacker ETF - January |  |

### Innovator Triple Stacker ETF - January (Series ID: S000070518)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000224027 | Innovator Triple Stacker ETF - January |  |

Rule 497(e)

File No. 333-146827

Innovator ETFs Trust

(the "*Trust*")

Innovator Double Stacker 9 Buffer ETF™ – January

Innovator Double Stacker ETF™ – January

Innovator Triple Stacker ETF™ – January

(each, a "*Fund*" and together, the "*Funds*")

Supplement To each Fund's Prospectus<br> Dated February 28, 2022

December 30, 2022

As described in detail in each Fund's prospectus, an investment in shares of a Fund is subject to an upside return cap (the "*Cap*") that represents the maximum percentage return an investor can achieve from an investment in the Fund for the outcome period of approximately one year. The current outcome period will end on December 31, 2022, and each Fund will commence a new outcome period that will begin on January 1, 2023 and end on December 31, 2023. An investment in each Fund over the course of the outcome period will be subject to the Cap set forth in the table below.

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| | | |
|:---|:---|:---|
| **Fund Name** | **Ticker** | **Cap** |
| Innovator Double Stacker 9 Buffer ETF™ – January | DBJA | *S&P 500 ETF Cap:*<br> Gross: 9.06%<br> Net: 8.66%\*<br> *QQQ ETF Cap:*<br> Gross: 9.06%<br> Net: 8.66%\*<br> *Cumulative Fund Cap:*<br> Gross: 18.12%<br> Net: 17.33%\*<br> The Fund seeks to provide investors with returns that match those of the SPDR® S&P 500® ETF Trust, up to the upside cap of 9.06% (prior to taking into<br> account management fees and other fees) and 8.66% (after taking into account management fees) while providing a buffer against the first 9% of SPDR® S&P 500® ETF Trust losses, over the period from January 1, 2023 to December 31, 2023. The Fund also seeks to provide investors with any positive returns of the Invesco QQQ Trust<sup>SM</sup>, Series 1, up to the upside cap of 9.06% (prior to taking into account management fees and other fees) and 8.66% (after taking into account management fees) over the period from January 1, 2023 to December 31, 2023. |
| Innovator Double Stacker ETF™ – January | DSJA | *S&P 500 ETF Cap:*<br> Gross: 12.34%<br> Net: 11.94%\*<br> *QQQ ETF Cap:*<br> Gross: 12.34%<br> Net: 11.94%\*<br> *Cumulative Fund Cap:*<br> Gross: 24.68%<br> Net: 23.89%\*<br> The Fund seeks to provide investors with returns that match those of the SPDR® S&P 500® ETF Trust, up to the upside cap of 12.34% (prior to taking into account management fees and other fees) and 11.94% (after taking into account management fees) over the period from January 1, 2023 to December 31, 2023. The Fund also seeks to provide investors with any positive returns of the Invesco QQQ Trust<sup>SM</sup>, Series 1, up to the upside cap of 12.34% (prior to taking into account management fees and other fees) and 11.94% (after taking into account management fees) over the period from January 1, 2023 to December 31, 2023. |
| Innovator Triple Stacker ETF™ – January | TSJA | *S&P 500 ETF Cap:*<br> Gross: 7.71%<br> Net: 7.44%\*<br> *QQQ ETF Cap:*<br> Gross: 7.71%<br> Net: 7.44%\*<br> *Russell 2000 ETF Cap:*<br> Gross: 7.71%<br> Net: 7.44%\*<br> *Cumulative Fund Cap:*<br> Gross: 23.13%<br> Net: 22.34%\*<br> The Fund seeks to provide investors with returns that match those of the SPDR® S&P 500® ETF Trust, up to the upside cap of 7.71% (prior to taking into account management fees and other fees) and 7.44% (after taking into account management fees) over the period from January 1, 2023 to December 31, 2023. The Fund also seeks to provide investors with any positive returns of the Invesco QQQ Trust<sup>SM</sup>, Series 1 and iShares Russell 2000 ETF, up to the upside cap of 7.71% and 7.71%, respectively, (prior to taking into account management fees and other fees) and 7.44% and 7.44%, respectively, (after taking into account management fees) over the period from January 1, 2023 to December 31, 2023. |

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\* Takes into account the Fund's unitary management fee.

In connection with the onset of the new outcome period, each Fund's prospectus is amended as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Fund's investment objective is deleted in its entirety and replaced with the investment objective set forth in the table above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. All references to the dates associated with the prior outcome period are deleted in their entirety and replaced with references to the new outcome period: January 1, 2023 through December 31, 2023.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. All references to the Cap for the prior Outcome Period are deleted in their entirety and replaced with the corresponding Cap set forth in the table above.

Please Keep This Supplement With Your Prospectus For Future Reference