Sarika Garg - Jan 5, 2022 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Director
Signature
/s/ Steven R. Worth, Attorney in Fact
Stock symbol
OSPN
Transactions as of
Jan 5, 2022
Transactions value $
$125,011
Form type
4
Date filed
1/7/2022, 06:25 PM
Previous filing
Aug 11, 2021
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OSPN Common Stock, $0.001 par value 8.28K Jan 5, 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 $125K +7.62K $16.41 7.62K Jan 5, 2022 Common Stock 7.62K Direct F3, F4, F5
holding OSPN Restricted Stock Units 2.41K Jan 5, 2022 Common Stock 2.41K 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.