John Bosshart - 05 Feb 2023 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role: Principal Accounting Officer
Signature: /s/ Lara Mataac as POA
Issuer symbol: OSPN
Transactions as of: 05 Feb 2023
Net transactions value: -$6,571
Form type: 4
Filing time: 06 Feb 2023, 16:06:29 UTC
Previous filing: 05 Dec 2022
Next filing: 27 Feb 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	Options Exercise		+1,302	+14%		10,596	06 Feb 2023	Direct	F1
transaction	OSPN	Common Stock	Tax liability	$6,571	-451	-4.3%	$14.57	10,145	06 Feb 2023	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	Options Exercise	$0	-1,302	-17%	$0.000000	6,511	05 Feb 2023	Common Stock	1,302		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
F2	The restricted stock units vest in six equal semi-annual installments over three years, starting on August 5, 2022.