Jorge Garcia Martell - Feb 23, 2024 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Chief Financial Officer
Signature
/s/ Lara Mataac, Attorney in Fact
Stock symbol
OSPN
Transactions as of
Feb 23, 2024
Transactions value $
-$19,904
Form type
4
Date filed
2/23/2024, 06:23 PM
Previous filing
Feb 21, 2024
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise $0 +6.07K +27.4% $0.00 28.2K Feb 23, 2024 Direct F1
transaction OSPN Common Stock Tax liability -$19.9K -2.1K -7.45% $9.46 26.1K 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 -6.07K -33.32% $0.00 12.2K Feb 23, 2024 Common Stock 6.07K 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.