John Bosshart - 09 Jun 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
09 Jun 2021
Net transactions value
-$48,654
Form type
4
Filing time
01 Sep 2021, 16:50:59 UTC
Previous filing
25 May 2021
Next filing
30 Nov 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 Sale $48,654 -1,880 -100% $25.88 0 09 Jun 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 7,904 09 Jun 2021 Common Stock 7,904 Direct F1, F2, F3
holding OSPN Restricted Stock Units 5,691 09 Jun 2021 Common Stock 5,691 Direct F3, F4, F5
holding OSPN Restricted Stock Units 2,580 09 Jun 2021 Common Stock 2,580 Direct F3, F4, F6
holding OSPN Performance Stock Units 1,290 09 Jun 2021 Common Stock 1,290 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.