Jorge Garcia Martell - Sep 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
Sep 6, 2024
Transactions value $
-$58,212
Form type
4
Date filed
9/6/2024, 05:59 PM
Previous filing
Aug 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise +10.2K +31.1% 42.9K Sep 6, 2024 Direct F1
transaction OSPN Common Stock Tax liability -$44.8K -2.99K -6.96% $14.98 39.9K Sep 6, 2024 Direct
transaction OSPN Common Stock Options Exercise +3.06K +7.65% 43K Sep 6, 2024 Direct F1
transaction OSPN Common Stock Tax liability -$13.4K -897 -2.09% $14.98 42.1K Sep 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 -10.2K -33.33% 20.4K Sep 6, 2024 Common Stock 10.2K Direct F1, F2
transaction OSPN Restricted Stock Units Options Exercise -3.06K -20% 12.2K Sep 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.