Matthew Moog - Jun 9, 2021 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Director
Signature
/s/ Steven R. Worth, Attorney in Fact
Stock symbol
OSPN
Transactions as of
Jun 9, 2021
Transactions value $
$0
Form type
4
Date filed
6/9/2021, 07:08 PM

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 $151K +5.83K +9.62% $25.96 66.4K Jun 9, 2021 Direct

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 -$151K -5.83K -100% $25.96 0 Jun 9, 2021 Common Stock 5.83K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a restricted stock unit grant of deferred stock units on January 4, 2021, to vest a year from issuance. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
F2 The grant vested upon the reporting person's retirement from the OneSpan Inc. Board of Directors on June 9, 2021, per Board resolution.
F3 Not applicable.