Matthew Moynahan - 17 Feb 2022 Form 4 Insider Report for OneSpan Inc. (OSPN)

Signature
/s/ Matthew Moynahan
Issuer symbol
OSPN
Transactions as of
17 Feb 2022
Net transactions value
-$34,649
Form type
4
Filing time
19 Aug 2022, 16:13:51 UTC
Previous filing
13 Dec 2021
Next filing
01 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise $0 +9,597 $0.000000 9,597 17 Aug 2022 Direct F1
transaction OSPN Common Stock Tax liability $34,649 -2,817 -29% $12.30 6,780 17 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 +76,782 $0.000000 76,782 17 Feb 2022 Common Stock 76,782 Direct F2, F3
transaction OSPN Restricted Stock Units Options Exercise $0 -9,597 -12% $0.000000 67,185 17 Aug 2022 Common Stock 9,597 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into OSPN common stock on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
F3 The restricted stock units vest in six equal semi-annual installments over three years, beginning on February 17, 2022.