Victor Limongelli - 31 Jul 2024 Form 4 Insider Report for OneSpan Inc. (OSPN)

Signature
Lara Mataac, Attorney in Fact
Issuer symbol
OSPN
Transactions as of
31 Jul 2024
Net transactions value
$0
Form type
4
Filing time
01 Aug 2024, 17:29:46 UTC
Previous filing
11 Jan 2024
Next filing
06 Mar 2025

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 Award $0 +100,000 $0.000000 100,000 31 Jul 2024 Common Stock 100,000 Direct F1, F2
transaction OSPN Restricted Stock Units (Performance Based) Award $0 +300,000 $0.000000 300,000 31 Jul 2024 Common Stock 300,000 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 three approximately equal installments on July 31, 2025, January 4, 2026, and January 4, 2027, subject to the reporting person's continued employment.
F3 The performance-based restricted stock units vest upon the registrant's common stock achieving designated levels of 45 trading day volume weighted average share price.