Jorge Garcia Martell - Mar 6, 2023 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Chief Financial Officer
Signature
Lara Mataac, Attorney in Fact
Stock symbol
OSPN
Transactions as of
Mar 6, 2023
Transactions value $
-$73,817
Form type
4
Date filed
3/6/2023, 08:18 PM
Previous filing
Feb 27, 2023
Next filing
Sep 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise +10.2K 10.2K Mar 6, 2023 Direct F1
transaction OSPN Common Stock Tax liability -$57.9K -3.25K -31.92% $17.80 6.93K Mar 6, 2023 Direct
transaction OSPN Common Stock Options Exercise +3.05K +44.06% 9.99K Mar 6, 2023 Direct F1
transaction OSPN Common Stock Tax liability -$16K -897 -8.98% $17.80 9.09K Mar 6, 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 -10.2K -16.67% $0.00 50.9K Mar 6, 2023 Common Stock 10.2K Direct F1, F2
transaction OSPN Restrict Stock Units Options Exercise $0 -3.05K -12.5% $0.00 21.4K Mar 6, 2023 Common Stock 3.05K 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.