John Bosshart - 01 Dec 2022 Form 4 Insider Report for OneSpan Inc. (OSPN)

Role: Principal Accounting Officer
Signature: /s/ Lara Mataac as POA
Issuer symbol: OSPN
Transactions as of: 01 Dec 2022
Net transactions value: -$4,092
Form type: 4
Filing time: 05 Dec 2022, 15:16:35 UTC
Previous filing: 25 Nov 2022
Next filing: 06 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OSPN	Common Stock	Options Exercise		+712	+8.3%		9,276	01 Dec 2022	Direct	F1
transaction	OSPN	Common Stock	Tax liability	$2,813	-209	-2.3%	$13.46	9,067	01 Dec 2022	Direct
transaction	OSPN	Common Stock	Options Exercise		+322	+3.6%		9,389	01 Dec 2022	Direct	F1
transaction	OSPN	Common Stock	Tax liability	$1,279	-95	-1%	$13.46	9,294	01 Dec 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	$0	-712	-33%	$0.000000	1,423	01 Dec 2022	Common Stock	712	$0.000000	Direct	F2
transaction	OSPN	Restricted Stock Units	Options Exercise	$0	-322	-17%	$0.000000	1,613	01 Dec 2022	Common Stock	322	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into common stock on a one-for-one basis.
F2	On June 1, 2021, the reporting person was granted 5,691 restricted stock units, vesting in eight equal quarterly installments starting from the grant date.
F3	On June 1, 2021, the reporting person was granted 2,580 restricted stock units, vesting in eight equal semi-annual installments starting from the grant date.