John Bosshart - 23 Nov 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 Nov 2021
Net transactions value
-$13,325
Form type
4
Filing time
30 Nov 2021, 17:32:20 UTC
Previous filing
01 Sep 2021
Next filing
07 Dec 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 $45,480 +2,635 $17.26 2,635 23 Nov 2021 Direct
transaction OSPN Common Stock, $0.001 par value Tax liability $13,325 -772 -29% $17.26 1,863 23 Nov 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 $45,480 -2,635 -33% $17.26 5,269 23 Nov 2021 Common Stock 7,904 Direct F2, F3, F4
holding OSPN Restricted Stock Units 4,980 23 Nov 2021 Common Stock 4,980 Direct F4, F5, F6
holding OSPN Restricted Stock Units 3,870 23 Nov 2021 Common Stock 3,870 Direct F4, F5, F7
* 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.
F5 The reporting person received restricted stock unit grants on June 1, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan Inc.'s common stock.
F6 The shares acquired are restricted stock units and vest pro-rata over two years on the quarterly anniversaries of the grant date.
F7 The shares acquired are restricted stock units and vest pro-rata over four years on the semi-annual anniversaries of the grant date.