OneSpan Inc. — Director's Dealing 2021

Sep 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OneSpan Inc. (OSPN)
CIK: 0001044777
Period of Report: 2021-06-09

Reporting Person: Bosshart John (Principal Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-09	Common Stock, $0.001 par value	S	1880	$25.88	Disposed	0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (7904)	7904	Direct
Restricted Stock Units	$		Common Stock (5691)	5691	Direct
Restricted Stock Units	$		Common Stock (2580)	2580	Direct
Performance Stock Units	$	2023-12-31	Common Stock (1290)	1290	Direct

Footnotes

F1: 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.

F2: The shares acquired are restricted stock units and vest pro-rata over two years on the semi-annual anniversaries of the grant date.

F3: Not applicable.

F4: The reporting person received a restricted stock unit grant on June 1, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan Inc.'s common stock.

F5: The shares acquired are restricted stock units and vest pro-rata over two years on the quarterly anniversaries of the grant date.

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

F7: The reporting person received a performance stock unit grant on June 1, 2021. Each performance stock unit represents a right to receive one share of OneSpan's common stock. The performance stock units cliff vest at the expiration date if the performance criteria established by the Compensation Committee of the Board are met.