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

Role
Chief Financial Officer
Signature
/s/ Lara Mataac, Attorney in Fact
Issuer symbol
OSPN
Transactions as of
06 Sep 2023
Net transactions value
-$45,505
Form type
4
Filing time
07 Sep 2023, 17:39:00 UTC
Previous filing
06 Mar 2023
Next filing
21 Feb 2024
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 +10,183 +112% 19,272 06 Sep 2023 Direct F1
transaction OSPN Common Stock Tax liability $35,001 -2,989 -16% $11.71 16,283 06 Sep 2023 Direct
transaction OSPN Common Stock Options Exercise +3,055 +19% 19,338 06 Sep 2023 Direct F1
transaction OSPN Common Stock Tax liability $10,504 -897 -4.6% $11.71 18,441 06 Sep 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 -10,183 -20% 40,730 06 Sep 2023 Common Stock 10,183 Direct F1, F2
transaction OSPN Restricted Stock Units Options Exercise -3,055 -14% 18,329 06 Sep 2023 Common Stock 3,055 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.