Michael J. McConnell - 17 May 2022 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Director
Signature
/s/ Matthew P. Moynahan, Attorney in Fact
Issuer symbol
OSPN
Transactions as of
17 May 2022
Net transactions value
+$229,260
Form type
4
Filing time
19 May 2022, 16:00:26 UTC
Previous filing
03 Mar 2022
Next filing
13 Jun 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 Purchase $45,480 +4,000 +20% $11.37 24,000 17 May 2022 Direct
transaction OSPN Common Stock, $0.001 par value Purchase $68,580 +6,000 +25% $11.43 30,000 17 May 2022 Direct
transaction OSPN Common Stock, $0.001 par value Purchase $115,200 +10,000 +33% $11.52 40,000 17 May 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
holding OSPN Restricted Stock Units 2,408 17 May 2022 Common Stock 2,408 Direct F1, F2, F3
holding OSPN Restricted Stock Units 7,618 17 May 2022 Common Stock 7,618 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 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.