Sarika Garg - Jun 9, 2022 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Director
Signature
/s/ John Bosshart, Attorney in Fact
Stock symbol
OSPN
Transactions as of
Jun 9, 2022
Transactions value $
$0
Form type
4
Date filed
6/13/2022, 05:15 PM
Previous filing
Jan 7, 2022
Next filing
Jan 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock, $0.001 par value Options Exercise $30.9K +2.41K +29.1% $12.82 10.7K Jun 9, 2022 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 -$30.9K -2.41K -100% $12.82 0 Jun 9, 2022 Common Stock 2.41K Direct F1, F2
holding OSPN Restricted Stock Units 7.62K Jun 9, 2022 Common Stock 7.62K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a restricted stock unit grant upon being appointed to the OneSpan Inc. Board of Directors on June 9, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock. The shares vested on June 9, 2022.
F2 Not applicable.
F3 The reporting person received a restricted stock unit grant on January 5, 2022. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
F4 The shares are deferred restricted stock units that will vest on January 5, 2023.