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

Role
General Counsel
Signature
/s/ Lara Mataac
Issuer symbol
OSPN
Transactions as of
23 Feb 2024
Net transactions value
-$11,948
Form type
4
Filing time
23 Feb 2024, 18:22:52 UTC
Previous filing
21 Feb 2024
Next filing
16 May 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 $0 +3,643 +30% $0.000000 15,649 23 Feb 2024 Direct F1
transaction OSPN Common Stock Tax liability $11,948 -1,263 -8.1% $9.46 14,386 23 Feb 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 -3,643 -33% $0.000000 7,290 23 Feb 2024 Common Stock 3,643 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.