OneSpan Inc. — Director's Dealing 2012

Jan 11, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VASCO DATA SECURITY INTERNATIONAL INC (VDSI)
CIK: 0001044777
Period of Report: 2012-01-09

Reporting Person: HUNT T KENDALL (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-09	Common Stock, $0.001 par value	A	42680	—	Acquired	7964665	Direct

Footnotes

F1: All shares acquired are restricted common stock. Restricted stock vests 25% each anniversary of the date of grant. Restricted stock also vests fully at death or disability.