Jorge Garcia Martell - 06 Mar 2023 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Chief Financial Officer
Signature
Lara Mataac, Attorney in Fact
Issuer symbol
OSPN
Transactions as of
06 Mar 2023
Net transactions value
-$73,817
Form type
4
Filing time
06 Mar 2023, 20:18:11 UTC
Previous filing
27 Feb 2023
Next filing
07 Sep 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 +10,182 10,182 06 Mar 2023 Direct F1
transaction OSPN Common Stock Tax liability $57,850 -3,250 -32% $17.80 6,932 06 Mar 2023 Direct
transaction OSPN Common Stock Options Exercise +3,054 +44% 9,986 06 Mar 2023 Direct F1
transaction OSPN Common Stock Tax liability $15,967 -897 -9% $17.80 9,089 06 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 -10,182 -17% $0.000000 50,913 06 Mar 2023 Common Stock 10,182 Direct F1, F2
transaction OSPN Restrict Stock Units Options Exercise $0 -3,054 -12% $0.000000 21,384 06 Mar 2023 Common Stock 3,054 Direct F1, F3
* 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, beginning on September 6, 2022.
F3 The restricted stock units vest in eight equal semi-annual installments over four years, beginning on September 6, 2022.