John Bosshart - Jun 1, 2023 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Principal Accounting Officer
Signature
/s/ Lara Mataac as POA
Stock symbol
OSPN
Transactions as of
Jun 1, 2023
Transactions value $
-$4,508
Form type
4
Date filed
6/2/2023, 05:43 PM
Previous filing
Mar 1, 2023
Next filing
Aug 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise $0 +712 +6.71% $0.00 11.3K Jun 1, 2023 Direct
transaction OSPN Common Stock Tax liability -$3.1K -209 -1.85% $14.83 11.1K Jun 1, 2023 Direct
transaction OSPN Common Stock Options Exercise $0 +323 +2.91% $0.00 11.4K Jun 1, 2023 Direct
transaction OSPN Common Stock Tax liability -$1.41K -95 -0.83% $14.83 11.3K Jun 1, 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 -712 -100% $0.00* 0 Jun 1, 2023 Common Stock 712 Direct F1, F2
transaction OSPN Restricted Stock Units Options Exercise $0 -323 -20.02% $0.00 1.29K Jun 1, 2023 Common Stock 323 Direct F1, 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 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. The restricted stock units became fully vested on June 1, 2023.
F3 On June 1, 2021, the reporting person was granted 2,580 restricted stock units, vesting in eight equal semi-annual installments starting from the grant date.