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OneSpan Inc. — Director's Dealing 2024
Jan 2, 2024
32649_dirs_2024-01-02_5008e99c-59cc-4afc-bddb-bfea22de14e8.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: 2023-12-31
Reporting Person: Moynahan Matthew (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-31 | Common Stock | M | 47541.00 | $0.00 | Acquired | 180487.00 | Direct |
| 2023-12-31 | Common Stock | F | 21085.00 | $10.72 | Disposed | 159402.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-31 | Performance Restricted Stock Unit Awards | $0.00 | M | 47541.00 | Disposed | Common Stock (47541.00) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of OSPN common stock.
F2: On June 23, 2022, the reporting person was granted performance stock units (PSUs) that were eligible to be earned based upon the registrant's achievement of specified financial metrics for 2022. On February 23, 2023, the registrant's Compensation Committee determined the number of PSUs that were earned by the reporting person based upon the 2022 financial metrics. Effective on February 23, 2023, 1/3 of the earned PSUs were deemed vested on December 31, 2022, an additional 1/3 of the earned PSUs vested on December 31, 2023, and the final 1/3 of the earned PSUs will vest on December 31, 2024, provided that the reporting person is employed by the registrant at that time.