Garry L. Capers - 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
$0
Form type
4
Filing time
11 Apr 2022, 09:25:51 UTC
Previous filing
01 Oct 2021
Next filing
18 Feb 2022
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 +3,539 3,539 06 Apr 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 +7,618 $0.000000 7,618 05 Jan 2022 Common Stock 7,618 Direct F1, F2, F3
transaction OSPN Restricted Stock Units Options Exercise $0 -3,539 -100% $0.000000* 0 06 Apr 2022 Common Stock 3,539 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.