Victor Limongelli - Jul 31, 2025 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, 2025
Transactions value $
-$998,678
Form type
4
Date filed
8/4/2025, 04:57 PM
Previous filing
Mar 6, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Limongelli Victor CEO and President 1 MARINA PARK DRIVE, UNIT 1410, BOSTON Lara Mataac, Attorney in Fact 2025-08-04 0001383360

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSPN Common Stock Options Exercise +33.3K 33.3K Jul 31, 2025 Direct F1
transaction OSPN Common Stock Tax liability -$250K -16.9K -50.78% $14.75 16.4K Jul 31, 2025 Direct
transaction OSPN Common Stock Options Exercise +100K +609.53% 116K Jul 31, 2025 Direct F1
transaction OSPN Common Stock Tax liability -$749K -50.8K -43.62% $14.75 65.6K Jul 31, 2025 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 -33.3K -33.33% $0.00 66.7K Jul 31, 2025 Common Stock 33.3K $0.00 Direct F1, F2
transaction OSPN Restricted Stock Units (Performance Based) Options Exercise $0 -100K -33.33% $0.00 200K Jul 31, 2025 Common Stock 100K $0.00 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.