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

Signature
/s/ Steven R. Worth, Attorney in Fact
Stock symbol
OSPN
Transactions as of
Jun 9, 2021
Transactions value $
-$48,654
Form type
4
Date filed
9/1/2021, 04:50 PM
Previous filing
May 25, 2021
Next filing
Nov 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock, $0.001 par value Sale -$48.7K -1.88K -100% $25.88 0 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
holding OSPN Restricted Stock Units 7.9K Jun 9, 2021 Common Stock 7.9K Direct F1, F2, F3
holding OSPN Restricted Stock Units 5.69K Jun 9, 2021 Common Stock 5.69K Direct F3, F4, F5
holding OSPN Restricted Stock Units 2.58K Jun 9, 2021 Common Stock 2.58K Direct F3, F4, F6
holding OSPN Performance Stock Units 1.29K Jun 9, 2021 Common Stock 1.29K Direct F7
* 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 on November 23, 2020. Each restricted stock unit represents a contingent right to receive one share of OneSpan Inc.'s common stock.
F2 The shares acquired are restricted stock units and vest pro-rata over two years on the semi-annual anniversaries of the grant date.
F3 Not applicable.
F4 The reporting person received a restricted stock unit grant on June 1, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan Inc.'s common stock.
F5 The shares acquired are restricted stock units and vest pro-rata over two years on the quarterly anniversaries of the grant date.
F6 The shares acquired are restricted stock units and vest pro-rata over four years on the semi-annual anniversaries of the grant date.
F7 The reporting person received a performance stock unit grant on June 1, 2021. Each performance stock unit represents a right to receive one share of OneSpan's common stock. The performance stock units cliff vest at the expiration date if the performance criteria established by the Compensation Committee of the Board are met.