OneSpan Inc. — Director's Dealing 2011

Aug 15, 2011

144 1 d144.htm FORM 144 Form 144

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SEC USE ONLY
DOCUMENT SEQUENCE NO.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 144

NOTICE OF PROPOSED SALE OF SECURITIES

PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933

ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker.

1 (a) NAME OF ISSUER (Please type or print) VASCO Data Security International, Inc. (b) IRS IDENT. NO. 36-4169320 (c) S.E.C. FILE NO. 000-24389

1 (d) ADDRESS OF ISSUER	CITY	STATE	(e) TELEPHONE NO.
			AREA CODE	NUMBER
1901 S. Meyers Road, Suite 210	Oakbrook Terrace,	IL 60181	630	932-8844

2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD Hunt, Thomas Kendall (b) RELATIONSHIP TO ISSUER Officer, Director and 10% Shareholder (c) ADDRESS 1901 S Meyers Rd, STREET CITY Oakbrook STATE Terrace, IL ZIP CODE 60181

INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.

3 (a)	(b)	SEC USE ONLY	(c)	(d)	(e)	(f)	(g)
Title of the Class
of Securities To Be Sold	Name and Address of Each Broker Through Whom the Securities are to be Offered or Each Market Maker who is Acquiring the Securities	Broker-Dealer File Number	Number of Shares or Other Units To Be Sold (See Instr. 3(c))	Aggregate Market Value (See Instr. 3(d))	Number of Shares or Other Units Outstandin g (See Instr. 3(e))	Approximat e Date of Sale (See Instr. 3(f)) (MO. DAY YR.)	Name of Each Securities Exchange (See Instr. 3(g))
Common $.001 par	Merrill Lynch & Co, Inc. 4 World Financial Center 250 Vesey
Street New York, NY 10008		50,755	$406,040	38,043,306	8/15/11	NASDAQ

(a)	Name of issuer
(b)	Issuer’s I.R.S. Identification Number
(c)	Issuer’s S.E.C. file number, if any

	(d) (e)	Issuer’s address, including zip code Issuer’s telephone number, including area code
2.	(a)	Name of person for whose account the securities are to be sold
	(b)	Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)
	(c)	Such person’s address, including zip
code

3.	Title of the class of securities to be sold
(b)	Name and address of each broker through whom the securities are intended to be sold
(c)	Number of shares or other units to be sold (if debt securities, give the aggregate face amount)
(d)	Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice
(e)	Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as
shown by the most recent report or statement published by the issuer Approximate date on which the securities are to be
sold
(f)
(g)	Name of each securities exchange, if any, on which the securities are intended to be sold

Potential persons who are to respond to the collection of information contained in this form are not

required to respond unless the form displays a currently valid OMB control number.

SEC 1147 (08-07)

TABLE I—SECURITIES TO BE SOLD

Furnish the following information with respect to the acquisition of the securities to be sold

and with respect to the payment of all or any part of the purchase price or other consideration therefor:

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Amount of Securities Acquired	Date of Payment	Nature of Payment
Common $ .001 par	1/8/09	Exercise of stock options awarded under VDSI 1997 Stock Compensation Plan	30,000	1/8/09	Cash
	1/10/10 1/9/10 1/24/09 1/10/09 1/9/09	Vesting of shares awarded under VDSI 2009 Equity Incentive Plan	3,350 2,653 8,750 3,350 2,652

INSTRUCTIONS: If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

| TABLE II—SECURITIES SOLD DURING THE PAST 3 MONTHS Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. — Name and Address of

Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
N/A	N/A	N/A	None	N/A

REMARKS:

| INSTRUCTIONS: See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. | ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. | | --- | --- | | August 15, 2011 DATE OF NOTICE | /s/ T. Kendall Hunt (SIGNATURE) | | DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION, IF RELYING ON RULE 10B5-1 | The notice shall be signed by the person for whose account the securities are to be sold. At least one copy of the notice shall be manually signed. Any copies not manually signed shall bear typed or printed signatures. |

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

SEC 1147 (02-08)