Jorge Garcia Martell - Mar 6, 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
Mar 6, 2024
Transactions value $
-$36,088
Form type
4
Date filed
3/7/2024, 05:15 PM
Previous filing
Feb 23, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise +10.2K +38.97% 36.3K Mar 6, 2024 Direct F1
transaction OSPN Common Stock Tax liability -$27.8K -2.9K -7.98% $9.58 33.4K Mar 6, 2024 Direct
transaction OSPN Common Stock Options Exercise +3.06K +9.14% 36.5K Mar 6, 2024 Direct F1
transaction OSPN Common Stock Tax liability -$8.33K -870 -2.39% $9.58 35.6K Mar 6, 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 -10.2K -25% $0.00 30.5K Mar 6, 2024 Common Stock 10.2K Direct F1, F2
transaction OSPN Restrict Stock Units Options Exercise $0 -3.06K -16.67% $0.00 15.3K Mar 6, 2024 Common Stock 3.06K 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.