John Bosshart - 23 May 2021 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Principal Accounting Officer
Signature
/s/ Steven R. Worth, Attorney in Fact
Issuer symbol
OSPN
Transactions as of
23 May 2021
Net transactions value
-$18,986
Form type
4
Filing time
25 May 2021, 18:57:55 UTC
Previous filing
11 Aug 2021
Next filing
01 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock, $0.001 par value Options Exercise $66,324 +2,634 $25.18 2,634 23 May 2021 Direct
transaction OSPN Common Stock, $0.001 par value Tax liability $18,986 -754 -29% $25.18 1,880 23 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OSPN Restricted Stock Units Options Exercise $66,324 -2,634 -25% $25.18 7,904 23 May 2021 Common Stock 10,538 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold to cover tax withholding obligations for the vest of restricted stock units.
F2 The reporting person received a restricted stock unit grant on November 23, 2020. Each restricted stock unit represents a contingent right to receive one share of OneSpan Inc.'s common stock.
F3 The shares acquired are restricted stock units and vest pro-rata over two years on the semi-annual anniversaries of the grant date.
F4 Not applicable.