JEAN K. HOLLEY - 08 Jun 2022 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role
Director
Signature
/s/ Matthew P. Moynahan, Attorney in Fact
Issuer symbol
OSPN
Transactions as of
08 Jun 2022
Net transactions value
$0
Form type
4
Filing time
10 Jun 2022, 20:15:34 UTC
Previous filing
16 May 2022
Next filing
15 May 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 $102,081 +7,618 +6% $13.40 134,474 08 Jun 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 $102,081 -7,618 -100% $13.40 0 08 Jun 2022 Common Stock 7,618 Direct F1, F2, F3
* 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 on January 5, 2022. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
F2 Per directive of the OneSpan Board of Directors (the "Board"), the shares vested on June 8, 2022 upon the reporting person's retirement from the Board on June 8, 2022.
F3 Not applicable.