John Bosshart - 05 Aug 2022 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Principal Accounting Officer
Signature
John Bosshart
Issuer symbol
OSPN
Transactions as of
05 Aug 2022
Net transactions value
$0
Form type
4
Filing time
09 Aug 2022, 19:11:17 UTC
Previous filing
25 May 2022
Next filing
02 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OSPN Common Stock, $0.001 Par value 6,200 05 Aug 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 $0 +7,813 $0.000000 7,813 05 Aug 2022 Common Stock 7,813 Direct F8, F9
holding OSPN Restricted Stock Units 1,290 05 Aug 2022 Common Stock 1,290 Direct F1
holding OSPN Restricted Stock Units 2,635 05 Aug 2022 Common Stock 2,635 Direct F2, F3, F4
holding OSPN Restricted Stock Units 2,846 05 Aug 2022 Common Stock 2,846 Direct F4, F5, F6
holding OSPN Restricted Stock Units 1,935 05 Aug 2022 Common Stock 1,935 Direct F4, F5, F7
* 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 performance stock unit grant on June 1, 2021. Each performance stock unit represents a right to receive one share of OneSpan's common stock. The performance stock units cliff vest at the expiration date if the performance criteria established by the Compensation Committee of the Board are met.
F2 The reporting person received a restricted stock unit grant on November 23, 2020. Each restricted stock unit represents a contingent right to receive one share of OneSpan Inc.'s common stock.
F3 The shares acquired are restricted stock units and vest pro-rata over two years on the semi-annual anniversaries of the grant date.
F4 Not applicable.
F5 The reporting person received restricted stock unit grants on June 1, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan Inc.'s common stock.
F6 The shares acquired are restricted stock units and vest pro-rata over two years on the quarterly anniversaries of the grant date.
F7 The shares acquired are restricted stock units and vest pro-rata over four years on the semi-annual anniversaries of the grant date.
F8 Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
F9 The restricted stock units vest in six equal semi-annual installments over three years, starting on August 5, 2022.