Alfred A. Nietzel - 18 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: 18 May 2022
Net transactions value: +$102,375
Form type: 4
Filing time: 20 May 2022, 16:05:14 UTC
Previous filing: 04 Feb 2022
Next filing: 09 Jan 2023
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	$51,390	+4,500	+28%	$11.42	20,333	18 May 2022	Direct
transaction	OSPN	Common Stock, $0.001 par value	Purchase	$50,985	+4,500	+22%	$11.33	24,833	18 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						7,618	18 May 2022	Common Stock	7,618		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 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.