Jorge Garcia Martell - 06 Mar 2024 Form 4 Insider Report for OneSpan Inc. (OSPN)

Signature
/s/ Lara Mataac, Attorney in Fact
Issuer symbol
OSPN
Transactions as of
06 Mar 2024
Net transactions value
-$36,088
Form type
4
Filing time
07 Mar 2024, 17:15:22 UTC
Previous filing
23 Feb 2024
Next filing
18 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise +10,182 +39% 36,311 06 Mar 2024 Direct F1
transaction OSPN Common Stock Tax liability $27,753 -2,897 -8% $9.58 33,414 06 Mar 2024 Direct
transaction OSPN Common Stock Options Exercise +3,055 +9.1% 36,469 06 Mar 2024 Direct F1
transaction OSPN Common Stock Tax liability $8,335 -870 -2.4% $9.58 35,599 06 Mar 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 -10,182 -25% $0.000000 30,548 06 Mar 2024 Common Stock 10,182 Direct F1, F2
transaction OSPN Restrict Stock Units Options Exercise $0 -3,055 -17% $0.000000 15,274 06 Mar 2024 Common Stock 3,055 Direct F1, F3
* 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, beginning on September 6, 2022.
F3 The restricted stock units vest in eight equal semi-annual installments over four years, beginning on September 6, 2022.