Form 4 for OSPN OneSpan Inc.
Accepted 2023-01-09 00:00:00 ET · period of report 2023-01-05 · accession 0001562180-23-000299 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-09 | 2023-01-05 | OSPN | Boroditsky Marc | Dir | M - OptEx | $0.00 | +7,618 | 28.3K | +37% | $0 |
| D | 2023-01-09 | 2023-01-05 | OSPN | Boroditsky Marc | Dir | A - Grant | $0.00 | +10.8K | 10.8K | New | $0 |
| D | 2023-01-09 | 2023-01-05 | OSPN | Boroditsky Marc | Dir | M - OptEx | $0.00 | +7,618 | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-05 | M | A | 7,618 | $0.00 | 28,336 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. |
| 2 | Derivative | Restricted Stock Units | 2023-01-05 | A | A | 10,823 | $0.00 | 10,823 | D | — · — to — | 10,823 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. (F3) The securities acquired are deferred restricted stock units which will vest on January 5, 2024, subject to the terms and conditions of the award agreement. Once they have vested, the shares underlying these deferred restricted stock units will be delivered to the reporting person on the earlier to occur of the reporting person's cessation of service on the issuer's Board of Directors or a change of control of the issuer. |
| 3 | Derivative | Restricted Stock Units | 2023-01-05 | M | A | 7,618 | $0.00 | 0 | D | — · — to — | 7,618 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. (F2) These deferred restricted stock units vested on January 5, 2023. The shares underlying these deferred restricted stock units will be delivered to the reporting person on the earlier to occur of the reporting person's cessation of service on the issuer's Board of Directors or a change in control of the issuer. |