John Bosshart - 01 Mar 2023 Form 4 Insider Report for OneSpan Inc. (OSPN)

Signature
/s/ Lara Mataac as POA
Issuer symbol
OSPN
Transactions as of
01 Mar 2023
Net transactions value
-$4,088
Form type
4
Filing time
01 Mar 2023, 20:43:41 UTC
Previous filing
27 Feb 2023
Next filing
02 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise +711 +7% 10,856 01 Mar 2023 Direct F1
transaction OSPN Common Stock Tax liability $4,088 -247 -2.3% $16.55 10,609 01 Mar 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 -711 -50% $0.000000 712 01 Mar 2023 Common Stock 711 Direct F1, F2
* 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 common stock on a one-for-one basis.
F2 On June 1, 2021, the reporting person was granted 5,691 restricted stock units, vesting in eight equal quarterly installments starting from the grant date.