Marc Boroditsky - 05 Jan 2022 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role: Director
Signature: /s/ Steven R. Worth, Attorney in Fact
Issuer symbol: OSPN
Transactions as of: 05 Jan 2022
Net transactions value: +$125,011
Form type: 4
Filing time: 07 Jan 2022, 18:24:16 UTC
Previous filing: 22 Dec 2021
Next filing: 21 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	OSPN	Common Stock, $0.001 par value						20,718	05 Jan 2022	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	Award	$125,011	+7,618		$16.41	7,618	05 Jan 2022	Common Stock	7,618		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 on January 5, 2022. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
F2	The shares acquired are deferred restricted stock units and will vest on January 5, 2023.
F3	Not applicable.