Lara Mataac - 13 Dec 2023 Form 4 Insider Report for OneSpan Inc. (OSPN)

Signature
/s/ Lara Mataac
Issuer symbol
OSPN
Transactions as of
13 Dec 2023
Net transactions value
-$13,571
Form type
4
Filing time
15 Dec 2023, 16:35:19 UTC
Previous filing
13 Jun 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise $0 +4,596 +70% $0.000000 11,123 13 Dec 2023 Direct F1
transaction OSPN Common Stock Tax liability $13,571 -1,349 -12% $10.06 9,774 13 Dec 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 -4,596 -25% $0.000000 13,787 13 Dec 2023 Common Stock 4,596 $0.000000 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, starting on June 13, 2022.