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OneSpan Inc. — Director's Dealing 2021
Jan 6, 2021
32649_dirs_2021-01-06_2f7965db-fe02-46c6-9a0b-c6799e099ac0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OneSpan Inc. (OSPN)
CIK: 0001044777
Period of Report: 2021-01-04
Reporting Person: fox John nelson JR (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-04 | Restricted Stock Units | $ | A | 7000 | Acquired | Common Stock (7000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.001 par value | 111578 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (5230) | 5230 | Direct |
Footnotes
F1: The reporting person received a restricted stock unit grant on January 15, 2020. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
F2: The shares acquired are deferred restricted stock units and will vest on January 15, 2021.
F3: Not applicable.
F4: The reporting person received a restricted stock unit grant on January 4, 2021. Each restricted stock unit represents a contingent right to receive one share of OneSpan's common stock.
F5: For their service in 2021, each member of the OneSpan Board of Directors is eligible to receive a $40,000 cash retainer, in addition to the restricted stock unit grant awarded on January 4. Mr. Fox opted to reduce his cash retainer to $15,000 and receive the other $25,000 of compensation in the form of additional restricted stock units.
F6: The shares acquired are deferred restricted stock units and will vest on January 4, 2022.