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

Role
CEO and President
Signature
Lara Mataac, Attorney in Fact
Stock symbol
OSPN
Transactions as of
Jul 31, 2024
Transactions value $
$0
Form type
4
Date filed
8/1/2024, 05:29 PM
Previous filing
Jan 11, 2024

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 +100K $0.00 100K Jul 31, 2024 Common Stock 100K Direct F1, F2
transaction OSPN Restricted Stock Units (Performance Based) Award $0 +300K $0.00 300K Jul 31, 2024 Common Stock 300K 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.