Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | OSPN | Common Stock, $0.001 par value | 3.63M | Mar 26, 2021 | Direct | F1 | |||||
holding | OSPN | Common Stock, $0.001 par value | 892K | Mar 26, 2021 | By the Barbara J. Hunt Marital Trust and By Spouse | F1 |
Id | Content |
---|---|
F1 | On April 9, 2021, the reporting person filed a Form 4 which mistakenly reported the transfer of common stock from direct ownership to the indirectly held Barbara J. Hunt Marital Trust that did not in fact occur. Instead, on March 26, 2021, the reporting person transferred indirectly owned common stock from the Barbara J. Hunt Marital Trust, of which the reporting person is the sole beneficial owner, to a revocable trust of which the reporting person is the sole beneficial owner. As such, the transfer constitutes a change in beneficial ownership from indirect to direct which did not change the reporting person's pecuniary interest in the transferred securities, and is exempt from Section 16 by virtue of Rule 16a-13. |