Michael J. McConnell - 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, 18:25:29 UTC
Previous filing
29 Nov 2021
Next filing
03 Mar 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 20,000 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 F3, F4, F5
holding OSPN Restricted Stock Units 2,408 05 Jan 2022 Common Stock 2,408 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 upon being appointed to the OneSpan Inc. Board of Directors on June 9, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
F2 The shares are deferred restricted stock units that will vest on June 9, 2022.
F3 Not applicable.
F4 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.
F5 The shares are deferred restricted stock units that will vest on January 5, 2023.