Form 4 for OSPN OneSpan Inc.
Accepted 2024-01-02 00:00:00 ET · period of report 2023-12-31 · accession 0001562180-24-000017 · 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 | 2024-01-02 | 2023-12-31 | OSPN | Moynahan Matthew | CEO, Dir | F - Tax | $10.72 | -21.1K | 159.4K | -12% | -$226.0K |
| D | 2024-01-02 | 2023-12-31 | OSPN | Moynahan Matthew | CEO, Dir | M - OptEx | $0.00 | +47.5K | 180.5K | +36% | $0 |
| D | 2024-01-02 | 2023-12-31 | OSPN | Moynahan Matthew | CEO, Dir | M - OptEx | $0.00 | -47.5K | 47.5K | -50% | $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 | 2023-12-31 | F | D | 21,085 | $10.72 | 159,402 | D | — | — | |
| 2 | Common | Common Stock | 2023-12-31 | M | A | 47,541 | $0.00 | 180,487 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of OSPN common stock. |
| 3 | Derivative | Performance Restricted Stock Unit Awards | 2023-12-31 | M | D | 47,541 | $0.00 | 47,541 | D | $0.00 · — to — | 47,541 Common Stock | (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. |