OneSpan Inc. — Director's Dealing 2021

Dec 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OneSpan Inc. (OSPN)
CIK: 0001044777
Period of Report: 2021-11-23

Reporting Person: Bosshart John (Principal Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-23	Common Stock, $0.001 par value	M	2635	$17.26	Acquired	2635	Direct
2021-11-23	Common Stock, $0.001 par value	F	772	$17.26	Disposed	1863	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-23	Restricted Stock Units	$	M	2635	Disposed		Common Stock (7904)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (4980)	4980	Direct
Restricted Stock Units	$		Common Stock (3870)	3870	Direct

Footnotes

F1: The shares were sold to cover tax withholding obligations for the vest of restricted stock units.

F2: The reporting person received a restricted stock unit grant on November 23, 2020. Each restricted stock unit represents a contingent right to receive one share of OneSpan Inc.'s common stock.

F3: The shares acquired are restricted stock units and vest pro-rata over two years on the semi-annual anniversaries of the grant date.

F4: Not applicable.

F5: The reporting person received restricted stock unit grants on June 1, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan Inc.'s common stock.

F6: The shares acquired are restricted stock units and vest pro-rata over two years on the quarterly anniversaries of the grant date.

F7: The shares acquired are restricted stock units and vest pro-rata over four years on the semi-annual anniversaries of the grant date.