Matthew Moynahan - Nov 29, 2023 Form 4 Insider Report for OneSpan Inc. (OSPN)

Signature
Lara Mataac, Attorney in Fact
Stock symbol
OSPN
Transactions as of
Nov 29, 2023
Transactions value $
-$279,130
Form type
4
Date filed
12/1/2023, 04:05 PM
Previous filing
Aug 17, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise $0 +62.5K +63.67% $0.00 161K Nov 29, 2023 Direct F1
transaction OSPN Common Stock Tax liability -$279K -27.7K -17.25% $10.07 133K Nov 29, 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 -62.5K -33.33% $0.00 125K Nov 29, 2023 Common Stock 62.5K $0.00 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 four equal annual installments over four years, beginning on November 29, 2021.