Lara Mataac - Feb 23, 2024 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
General Counsel
Signature
/s/ Lara Mataac
Stock symbol
OSPN
Transactions as of
Feb 23, 2024
Transactions value $
-$11,948
Form type
4
Date filed
2/23/2024, 06:22 PM
Previous filing
Feb 21, 2024
Next filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise $0 +3.64K +30.34% $0.00 15.6K Feb 23, 2024 Direct F1
transaction OSPN Common Stock Tax liability -$11.9K -1.26K -8.07% $9.46 14.4K Feb 23, 2024 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 -3.64K -33.32% $0.00 7.29K Feb 23, 2024 Common Stock 3.64K 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 over three years starting on February 23, 2023, with one-third of the shares vesting on February 23, 2024 and one-sixth of the shares vesting every six months thereafter.