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

Role
Chief Executive Officer
Signature
/s/ Matthew Moynahan
Stock symbol
OSPN
Transactions as of
Feb 17, 2022
Transactions value $
-$34,649
Form type
4
Date filed
8/19/2022, 04:13 PM
Previous filing
Dec 13, 2021
Next filing
Dec 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise $0 +9.6K $0.00 9.6K Aug 17, 2022 Direct F1
transaction OSPN Common Stock Tax liability -$34.6K -2.82K -29.35% $12.30 6.78K Aug 17, 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 +76.8K $0.00 76.8K Feb 17, 2022 Common Stock 76.8K Direct F2, F3
transaction OSPN Restricted Stock Units Options Exercise $0 -9.6K -12.5% $0.00 67.2K Aug 17, 2022 Common Stock 9.6K 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.