Garry L. Capers - 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 $
$0
Form type
4
Date filed
4/11/2022, 09:25 AM
Previous filing
Oct 1, 2021
Next filing
Feb 18, 2022

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 +3.54K 3.54K Apr 6, 2022 Direct F5

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 $0 +7.62K $0.00 7.62K Jan 5, 2022 Common Stock 7.62K Direct F1, F2, F3
transaction OSPN Restricted Stock Units Options Exercise $0 -3.54K -100% $0.00* 0 Apr 6, 2022 Common Stock 3.54K Direct F3, F4, F5
* 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.
F4 The reporting person received a restricted stock unit grant upon being appointed to the OneSpan Inc. Board of Directors on April 6, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
F5 The vested restricted stock units settled in shares of OneSpan's common stock on a one-to-one basis.