Matthew Moynahan - 17 Aug 2023 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role: Chief Executive Officer, Director
Signature: Lara Mataac, Attorney in Fact
Issuer symbol: OSPN
Transactions as of: 17 Aug 2023
Net transactions value: -$63,855
Form type: 4
Filing time: 17 Aug 2023, 21:32:15 UTC
Previous filing: 27 Feb 2023
Next filing: 01 Dec 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		+12,797	+14%		103,841	17 Aug 2023	Direct	F1
transaction	OSPN	Common Stock	Tax liability	$63,855	-5,676	-5.5%	$11.25	98,165	17 Aug 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		-12,797	-25%		38,391	17 Aug 2023	Common Stock	12,797		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, beginning on February 17, 2022.